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Droms Strauss Blog



Investment Insights + Ideas

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Special Market Communiqué

As we certainly all have noticed, today is the second day of significant volatility and losses in the stock markets around the world. Yesterday U.S. markets suffered significant losses, with the Dow Jones Industrial Average down 3.1%, the S&P 500 down 3.3%, and the tech-heavy NASDAQ down 4.1%. At today’s closing prices, the Dow and S&P 500 closed down an additional 2.1%, and the Nasdaq was off 1.3%. The Nasdaq is now in correction territory, generally defined as a decline of 10% or more from its last high, although it is still approximately 425 points higher than its close at the end of 2017.

Insights Investing
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September 2018 Market Update

The long running economic expansion – now the second longest on record – and the accompanying exceptional returns in the stock market have been very beneficial to all of us. As the economic expansion and accompanying bull market enters its tenth year, this happy anniversary is a good time to reflect on the merits of rebalancing diversified portfolios.

Investing
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Market Flirts with Correction Territory

Yesterday’s market drop was certainly disconcerting for most of us, but it is unfortunate that we did not see a more enlightening end-of day headline along the lines of "Dow drop is 99th largest on record." Monday’s drop of 1,175 points on the Dow was the largest absolute point drop in history, with the index falling from a near all-time high of 25,521 to 24,346 at the end of the day, a percentage drop of 4.6%.

Investing
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2017 Year-End Tax Planning

With the Senate passing the tax bill just after midnight last night and the House expected to take another vote later today it is virtually certain that the Tax Cuts and Jobs Act of 2017 will become law. This Communiqué will focus on a summary of new or changed provisions that apply to individuals and most importantly, some year-end planning strategies that each of us should consider.

Insights
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May 2017 Market Update

In our last Communiqué, we discussed the ongoing debate about passive versus active equity investment and our “core/noncore” approach of using passive (index) equity funds in the large and mid-cap U.S. equity categories and actively managed equity funds in the U.S. small cap and other less efficient market sectors...

Investing
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March 2017 Market Update

If you have followed the financial press over the last year or two, you probably have noticed the continuing trend among individual investors of transitioning investment funds from actively managed to passively managed (index) funds. A recent article in the Wall Street Journal noted that over $300 billion moved from active to passive funds...

Investing