Economic Update, Fourth Quarter, 2019

MARKET REVIEW Strong 4th quarter returns helped the major stock indices reach all-time highs in late December as the markets delivered the strongest annual returns since 2013.  For 2019, the benchmark S&P 500 posted 28% price appreciation.  The Fed delivered a third 0.25% rate cut in October to provide additional cushion against international economic weakness,…

Economic Update, Third Quarter, 2019

MARKET REVIEW The net outcome of market trading was basically flat during the 3rd quarter. Major stock indices booked a new alltime high in late July after successful quarterly corporate profit reports. Economic indicators such as job growth and consumer spending continued to expand throughout the quarter, while the manufacturing pace softened for the first…

Investment Advisor/Portfolio Manager Job Posting

Investment Advisor/Portfolio Manager Adell, Harriman & Carpenter, Inc. is an independent, fee-only investment management company, dedicated to providing our clients a comprehensive financial home using customized personal services and a diversified, long-term investment philosophy. The Portfolio Manager position is a mid-level role on the professional career path within our firm. The primary focus of the…

Economic Update, First Quarter, 2019

MARKET REVIEW The first quarter of 2019 was the strongest quarter in ten years for the stock market. The volatility and downward pressure on stocks from the previous quarter was replaced with minimal fluctuation and stock prices experienced reconnection with earnings. Major economic indicators, such as job growth, manufacturing, and consumer spending, continued to grow…