Federal Reserve Archives - Smith Partners Wealth Management

Market Commentary Q3 – 2016

ByJustin Smith October 14, 2016February 21, 2017

Only the 1st Three Paragraphs are about the Election …I Promise "What will this election do to my investments?” Almost everyone we talk to seems to be both completely wrapped up and at the same time utterly exhausted with this election, so we will keep it to the first three paragraphs. Our answer always seems...

Market Commentary

Market Commentary Q2 – 2016

ByJonathan Smith July 15, 2016December 15, 2016

Lost in the Woods On June 24th, more than 30 million citizens of the United Kingdom turned out to vote on the issue off their sovereign state’s future relationship with the European Union. With a surprising 52% majority, the “Leaves” won and the “Brexit” wheels were set in motion. According to The Economist, in the...

Market Commentary

Market Commentary Q4 – 2015

ByJonathan Smith January 15, 2016November 21, 2016

Never Before North Carolina joined the ranks of lottery states in 2005 by introducing the NC Education lottery. As a side note, only 29% of the revenue goes into actual education and somehow, NC still ranks 50th in the nation in teacher pay and 51st (that’s not a typo) in percentage increase in teacher pay...

Market Commentary

Market Commentary Q2 – 2015

ByJonathan Smith July 15, 2015December 15, 2016

Grinding Like a Garden Tiller The human brain works nonstop trying to figure out what the eye sees. It’s been working overtime trying to figure this one out: over the last year, the Dow has gone up one percent and down one percent 53 times. Over this time, it traveled 42,823.56 points up and down,...

Market Commentary

Market Commentary Q1 – 2015

ByJustin Smith April 15, 2015November 15, 2016

When Millie and I got married, we had a wedding shower where people gave us marital wisdom to go along with their gift. I remember hearing cutesy advice like “don’t waste all the good kid names on your pets” and “soak up these first years, they are so much fun.” They were sweet and sincere...

Market Commentary

Market Commentary Q2 – 2013

ByJonathan Smith July 15, 2013December 15, 2016

Ben Bernanke probably spent at least a couple minutes reading his pocket thesaurus, looking one last time for another way to say it. When no new words came about, he stepped up to the microphone at the Fed’s June 20 press conference hoping to shed light on the FOMC Statement from the day before. Investors...