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 »

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 »

Houston Sees Significant Boost in Home Sales in December 2019, Exceeding Past Years

Owen Murray Shares Thoughts with Houston Chronicle About Stock Market Impact on Home Sales The Houston Chronicle recently reported that December home sales in the Houston area jumped 14 percent from the year before and that a total of 102,500 homes were sold in Houston in 2019, the first time … Read more »

Could Impeachment Impact the Stock Market?

Horizon Wealth Advisors’ Owen Murray Discusses this Concern with US News and World Report We have had many recent scares, from an ongoing trade war with China to waking up to an inverted yield curve, which have caused reaction amongst investors.  During a time with so much noise, it’s hard … Read more »

Owen Murray Shares Thoughts with the Houston Chronicle on the Decline in Mortgage Interest Rates

The Houston Chronicle recently published an article about the surprising data just released by the Houston Association of Realtors.  The date shows that although mortgage interest rates have declined to three-year lows and the Houston economy has been thriving, month-over-month homes sales declined in August.  August is known to be … Read more »