- Richard P. Dee, Chief Executive Officer
During the second quarter of 2017, we witnessed a continuation of the strong stock trends from the first quarter, with international equity asset classes outperforming U.S equities.
Debbie Grose, CFP®
The LTWM app is here! You can find the LTWM app in the Apple Store or in Google Play. Simply type in "LTWM" and look for our logo. Your sign in credentials are the same as your credentials to access your portfolio information in Orion. We hope the new app will make keeping up with your portfolio even more convenient then our online application for PCs.
The first quarter of 2017 was very strong for stocks, extending valuation levels even higher, since stock prices increased more than underlying earnings and book value.
During the fourth quarter, the financial markets provided another example of the difficulty of predicting returns. At the start of the fourth quarter, U.S. stocks were already at record high levels. As we approached the Presidential election, global stock markets declined as Republican nominee Donald Trump improved his chances of winning.
By Ethan Green
Trying to outguess the market is often a losing game. Current market prices offer an up-to-the-minute snapshot of the aggregate expectations of market participants. This includes expectations about the outcome and impact of elections.
We are at a very interesting point in time in a historically unusual economic environment. Obviously that environment influences investment returns because the investments in your portfolio represent the productive assets of the economy.