We’ve written about sequence risk on many occasions in the past.  While most investment projections are based on average returns, the reality is that returns don’t happen that way.  There is a sequence to them, and for those recently retired, or close to retirement, sequence risk is an extremely important consideration. Losses taken early in...Read More

After a month and a half of low volatility, where stock indexes failed to move by more than 1%, volatility has rushed back onto the scene over the last several days. Frankly, this is very normal market behavior, as periods of calm usually presage periods of volatility. One shouldn’t get complacent when things are quiet,...Read More

Last night’s vote for Great Britain to exit the EU was a massive shot to the bow of the European establishment. While polls had been even, the betting odds were basically 8-1 that the country would stay in the EU, so markets are quite shocked at the result. In overnight trading, just about every asset...Read More