MARKET Update: 03/23/2020 This market update was recorded on March 23rd, 2020 at 9:30 A.M. Automated Video Transcript Good morning, I’m Allen Gillespie, managing partner of investments here at FinTrust Capital Advisors. Here with the market update for the week of March 23rd, 2020. As we begin this week, obviously, equity markets around the world…
Coronavirus Update: 3/16/2020 Allen, I wanted to follow up on our conversation from February 24th. Remind us again how bonds and equities perform around recessions. Historically, markets discount future events. So the typical pattern would be for equities to top just prior to a recession and bottom during the recession, once investors can see an…
Coronavirus Update: 3/16/2020 Health Tips and A Market Assessment * Correction: an earlier version of this article contained a section entitled, ‘Advice by Japanese doctors treating COVID-19 cases.’ This section was later found to be false, and we removed it from the article. I have spent much of the week trying to absorb and assess…
Spanish Flu, Atlas Shrugged, War or Peace? 2020 and correlated years In college, I was an economics major, but I have always been fascinated by history, particularly economic history. The economic papers I find most interesting are those that discuss financial market reactions to historical events like key military battles, the Space Shuttle Challenger disaster,…
The Doctor Is In The Investing Logic of the Coronavirus Computers are logic boxes built of blocks of computer code attached to clocks. Computer code at its most basic level is a series of if/then statements, so if A then B. Financial companies like insurance companies work on similar principals – for example, if your…
CORONAVIRUS, RISK MANAGEMENT, THE BUSINESS CYCLE AND ASSET ALLOCATION February 24, 2020 WITH WORLD EQUITY MARKETS OFF STRONGLY TODAY, THE INVESTMENT TEAM HAS RECEIVED A LARGE NUMBER OF QUESTIONS THIS MORNING. SO, HERE IS THE DATA DUMP. CORONAVIRUS HEADLINES As previously mentioned, world governments are reacting strongly to the outbreak. Based on the statistics we…
Interview Editor’s note: The Q & A below is an interview conducted by Fintrust Director of Marketing and Client Engagement Paige Siniard, with Allen Gillespie, CFA®, President, Managing Partner Investments. February 2020 Download PDFQ1 2020: Groundhog Day & Marvel Movies Q: Allen, last quarter you said we were in a “Caddyshack Market.” Is that still the…
