Articles and Insights
Stay informed on developments in the economy and global markets through articles from the Towneley team.
CREATIVE DESTRUCTION: WILL THE PAIN JUSTIFY THE GAIN?
“Creative destruction” is a term that often surfaces during an economic crisis.
ORGANIZING DIGITAL ASSETS - A LIFE AND DEATH MATTER
As more people accrue digital assets, it’s important to consider curating an access point within your estate plan, such as a digital vault.
CORONAVIRUS AND MARKET VOLATILITY
Stock markets don’t like uncertainty; last week the coronavirus COVID-19 outbreak and pandemic fears provided just that.
Q3 2019: NEWSLETTER
As we head into the final quarter of 2019, we do so with some concern about recent fiscal and monetary policies being employed in the U.S. We discuss the potential pitfalls of Modern Monetary Theory in our Third Quarter Commentary that accompanies this letter.
Q2 2019: NEWSLETTER
The first half of the year saw strong market performance across all asset classes as client multi-asset portfolios have enjoyed positive returns.
Q1 2019: NEWSLETTER
Global equity markets made a V-shaped rebound, rallying throughout the first quarter as all asset classes earned positive first quarter returns (see quarterly market review).
Q4 2018: IN PERSPECTIVE YEAR END NEWSLETTER
After logging strong returns in 2017, global equity markets delivered negative returns in US dollar terms in 2018.
Q3 2018: NEWSLETTER
We consider the U.S. economy to be extremely strong with a very low probability of a recession in the near future. Gross domestic product (GDP) grew at an annual rate of 3.5% this past quarter.
Q2 2018: NEWSLETTER
The first half of 2018 has given us plenty of praiseworthy economic news. Consider the labor market: Unemployment has shrunk to a low we have not seen since a brief period in 2000.
Q1 2018: NEWSLETTER
As 2018 dawned, it seemed we might settle in for another year of records in the equities markets.
Current Market Fluctuations – February 7, 2018
The market had seen little volatility in recent months, but Monday made headlines as stocks declined. Stock markets can move quickly.
CHINA’S WORRIES: HIGH DEBT AND LOW GROWTH
China had a strong start in the first quarter of 2017 with real gross domestic product (GDP) growth of 6.9% (annualized).
THE WILD AND WOOLY WORLD OF CRUDE OIL
A Brief Compendium In June 2014, Brent crude oil (see Glossary) sold for $111.93/barrel.
BREXIT MARKET COMMENTARY
Whenever the global financial markets react sharply to a news event, my first reaction is to ask who got caught on the wrong side and why.
NONPROFIT NEWS
As a nonprofit organization’s funds grow, fiscal management and oversight often come under increased scrutiny from stakeholders.
Q1 2016 CLIENT BULLETIN
It used to be that re-inventing yourself in midlife was a rare and remarkable feat: Think Julia Child, who worked in advertising and media before writing her first cookbook at age 50.
Are Equity Markets Currently Overvalued?
Investors everywhere want to buy low and sell high, but it's a difficult feat. Investment advisors bring value by applying the results of extensive research to the factors influencing market changes.
STOCK MARKET EXTREMES AND PORTFOLIO PERFORMANCE 1926-1993
A study commissioned by Towneley Capital Management and conducted by Professor H. Nejat Seyhun, University of Michigan for 1926-1993.
STOCK MARKET EXTREMES AND PORTFOLIO PERFORMANCE
A study commissioned by Towneley Capital Management and conducted by Professor H. Nejat Seyhun, University of Michigan for 1926-2004.