Harrison Financial Services is committed to providing ongoing education and insights related to holistic wealth management. Members of the Harrison Financial Services Investment Committee provide Weekly updates to ensure our clients, colleagues and industry partners are well informed on the latest industry trends and market movements.
The opinions expressed are those of Harrison Financial Services as of the date stated on each communication and are subject to change. The investment professionals at Harrison Financial Services provide views and commentary on the current marketplace. This information is designed as general commentary regarding our views on the relative attractiveness of different asset classes and asset allocation strategies. This material does not constitute investment advice and is not intended as an endorsement of any specific investment or security.
Keep in mind that this viewpoint can and will change as valuations and economic variables evolve. These views are made in the context of a well-diversified portfolio, not in isolation, and are not a recommendation for individual investors. Decisions about investments should always be made on an individual basis or in consultation with a Financial Advisor, based on an individual’s preferred risk levels and long-term goals.
Please remember that all investments carry some level of risk, including the potential loss of principal invested. Indexes and/or benchmarks are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance and are not indicative of any specific investment. Diversification and strategic asset allocation do not assure profit or protect against loss.
Appreciate the Scale of the Digital Economy
July 25, 2024
Value investing isn’t dead – it just changed. However, there are many investors that are still stupefied that just buying tried and true companies at low valuations no longer produces the same results that it once did. Read the full article here.
Should You Worry About US Debt? Bond Yields Say No.
July 17, 2024
To convince someone to take on more risk, you typically must increase the reward. Same is true in the bond market. If someone is not considered creditworthy, or is becoming less so, the bond market is quick to sniff out such a potential credit risk and demand to be compensated through higher yields. Read the full article here.
Come Join the Party
July 12, 2024
There has been a lot of confusion and angst about this market recovery. Many believe it’s unhealthy because it’s been largely driven by only a select handful of stocks. Read the full article here
The S&P 500’s Concentration is a Denominator Problem
June 26, 2024
There has been a lot of concern from “strategists” and financial media about how concentrated the S&P 500 has become. For background, this is a benchmark of the 500 largest US companies that is weighted by market capitalization, or equity value. Read the full article here.
Inflation Progress Doesn’t Mean Prices Will Come Down
June 21, 2024
There are many nuances to markets and economics. Often, these can confuse those that don’t live and breathe it every day. A company can “beat” quarterly earnings estimates and still see its stock fall. Read the full article here.
Macro Investing Struggles in a Secular World
June 13, 2024
There are many different investment styles. Some come in and out of favor while others sustain longer lives with minor tweaks to adapt to a changing market climate. Read the full article here.
Who Needs Rate Cuts? Small and Mid-Cap Stocks
June 6, 2024
Unlike others, HFS has long been arguing that the stock market (the S&P 500) doesn’t need a rate cut. Rather, it only needs to hear that the Fed is finished raising interest rates. Read the full article here.
Do International Equities Still Diversify?
May 31, 2024
Diversification helps manage risk. Simply put, by not putting all your eggs (money) into one basket (security), you can reduce both volatility and the odds of recognizing a loss. The idea is that you want to give your portfolio multiple ways to win. Read the full article here.
Don’t Abuse the P/E Ratio
May 23, 2024
In life, people prefer the simple to the complex. However, when something that is inherently complex is misunderstood and thought of as being simple, it can cause problems. That’s the way that HFS feels about the Price-to-Earnings (P/E) ratio. Read the full article here.