by Manchester Financial | Sep 22, 2008 | Economy, Investing, Markets
In the past several weeks we have had many questions about market conditions and the safety of the money market accounts at the custodians we use. In order to update you, we have enclosed a market update and a report from the custodian for your assets detailing the...
by Manchester Financial | Sep 21, 2008 | Economy, Investing, Markets
While the past year has been full of major-headline financial news, we have experienced a lifetime of it recently and the past week alone has been nothing short of historic: Sunday – Lehman Brothers, a 158 year old investment bank, declared bankruptcy after being...
by Manchester Financial | Jul 15, 2008 | Economy, Investing, Markets
The first half of 2008 dramatically reinforced the idea that over the short term the stock market is predictably unpredictable. A sharply negative first quarter was followed by two months of positive returns, but the selloff resumed with a vengeance in June, with the...
by Manchester Financial | Jan 10, 2007 | Economy, Investing, Markets
Just like the masses that arrive in Vegas daily hoping to win quick and leave before the odds catch up with them, today’s market speculators are playing a losing game. Speculators’ appetite for risk seems insatiable and in contrast to current economic and political...
by Manchester Financial | Apr 15, 2006 | Economy, Investing, Markets
Rising interest rates, fear that the housing market may be starting to roll over, a growing current-account deficit, volatile commodity prices, ongoing turmoil in the Middle East—all of these concerns have been on investors’ minds lately. Looking past short-term noise...
by Manchester Financial | Jun 10, 2005 | Economy, Investing, Markets
As of this writing, we believe the S&P 500 is roughly 10% below fair value. This surely doesn’t qualify the market as vastly undervalued, especially in light of the significant risks that are out there, but it does provide some cushion. For us, our analysis always...
