There was a big stock sell-off on Wall Street Monday triggered by a sell-off in China. So, is it time to hit the panic button? “It’s very difficult to predict in the short term what type of impact China will have,” according to Christopher Jones, Certified Financial Planner. “It’s an important economy, but like any short-term impact — it goes […]
The New Year is a customary time to speculate. In a digital age, when past forecasts are available online, market and media professionals find it harder to hide their blushes when their financial predictions go awry. But there are ways around that. The ignominy that goes with making bold forecasts was highlighted in a recent newspaper article, which listed many […]
During the past year, the best performing asset classes were international small stocks and REITs (real estate). US stock returns ranged from -8% to 2%. Emerging markets lost about 16%! The following chart shows the 3-month, 1-year, and 3-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index:Market Returns for the period ending December 31, […]
For an in-depth look at the world capital market performance and a timeline of events during the past quarter, here is our Quarterly Market Review: About Christopher Jones Christopher Jones is the Founder and President of Sparrow Wealth Management, a fee-only financial planning and investment management firm. Before entering the investment field, Chris was a management consultant for Deloitte Monitor. […]
Today, I was interviewed by Channel 8 News (in Las Vegas) about the current market conditions and the impact of the Chinese markets on Las Vegas businesses. Here are some of my answers to their questions: 1) The 450 point drop this morning had some people nervous. Were you? No, not at all. I focus on the long term. I […]
