As the Market Reaches a New High, Here are the Top 3 Questions Our Clients Are Asking

Last week the S&P 500 surpassed its previous record high, set in February, almost exactly six months ago.  This high was just before the coronavirus crisis began in earnest here in the United States.  The rebound from the March lows makes this year’s selloff the shortest bear market in history.  … Read more »

Summer 2020 Commentary

Market Recap For the quarter, U.S. stocks rose sharply, with the S&P 500 gaining 20.5%. International stocks also advanced, with the MSCI EAFE climbing 14.9%. Bonds also increased, with the Bloomberg Barclays Aggregate Bond Index rising 2.9%. Outlook We began the second quarter in the midst of an economic catastrophe … Read more »

Larry Maddox Interviewed by Houston Chronicle on Investor Anxiety Amidst Recent Stock Market Plunge

The Houston Chronicle recently published an article covering yesterday’s stock market decline, which saw the Dow Jones Industrial Average drop 2,000 points. Fears related to the new coronavirus and uncertainty surrounding the upcoming presidential election are likely causes for what quickly became the worst day the stock market has seen … Read more »

The Stars at Night Aren’t the Only Things Shining Bright in the Lone Star State!

Robert Kaplan Discusses the Texas Economy at the CFA Society of Houston Luncheon Robert Kaplan, president of the Federal Reserve Bank of Dallas, spoke recently at a lunch sponsored by the CFA Society of Houston. As Director of Investments for Horizon Wealth Advisors, I am a member of the CFA … Read more »