“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.” – John C. Bogle, Founder and CEO of Vanguard Group (1929 – 2019) This quarter’s featured quote comes from, Jack Bogle, who passed away this past January. Bogle was the founder of the Vanguard Group, the firm credited …
2019 Second Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust July 2019 | Volume 4 | Issue 3 “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” – Adam Smith, Scottish Economist (1723-1790) …
2019 First Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust April 2019 | Volume 4 | Issue 2 “Mr. Market is a kind of drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he gets really enthused you sell to him, and if he …
2018 Fourth Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust January 2019 | Volume 4 | Issue 1 “Supply creates its own demand.” – Jean-Baptiste Say, French economist After nine consecutive years of gains, the S&P 500 finally experienced a down year in 2018. The performance of the market during the …
2018 Third Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust October 2018 | Volume 3 | Issue 4 Surging U.S. Equities, Monetary Tightening and Emerging Market Debt Shape the Investment Landscape “The four most dangerous words in investing are: ‘this time it’s different.’” – Sir John Templeton The old Wall Street …
2018 Second Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust July 2018 | Volume 3 | Issue 3 Now that we’ve reached the mid-point of the year, it’s a good time to look back at the economic forecasts we made at the beginning of the year and revisit how we expect …
2018 First Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust April 2018 | Volume 3 | Issue 2 Domestic equity markets posted losses during the quarter, which was the first decline we have experienced since Q3 of 2015. We spilled a fair amount of ink in our 2017 newsletters, detailing the …
2017 Fourth Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust January 2018 | Volume 3 | Issue 1 Nearly across the board, 2017 was an excellent year for investors in all asset classes, particularly equities. It will be a tough act to follow. The 2017 upward move in equities was marked …
2017 Third Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust October 2017 | Volume 2 | Issue 4 The third quarter cruised along in much of the same fashion as 2017 has to date. Equity markets continued to make new highs in the US with the S&P up +4% in the …
2017 Second Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust July 2017 | Volume 2 | Issue 3 We stand at the mid-point of the year, shocked that it has gone by so quickly. There have been a number of surprises, but nothing terribly alarming apart from the very low level …
2017 First Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust April 2017 | Volume 2 | Issue 2 National Markets The first quarter went largely as projected in our January Newsletter however, equities performed stronger than expected. Domestic equities moved up over 9% since the November election, but began to abate …
Fourth Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust January 2017 | Volume 2 | Issue 1 “It’s tough to make predictions, especially about the future.” -Yogi Berra, Hall of Fame Yankee Catcher 2016 was seemingly the year where some of the most unlikely and unusual events came to pass. …
