Change
Since the outset of September, the S&P 500 has climbed 12%. Remarkably, this significant market rise occurred during the two seasonally weak months of the typical calendar year. Prior to September 1, the market had given up most of its …
How Now, Dow Jones?
Why has the stock market risen over 8% in September – potentially the best September market performance since 1939? Will this run up be sustained or will it fall back again as it has several times this year? These are …
No Quick Fix
Over the course of 2010, the U.S. stock market has been on a rollercoaster with some up months followed by down months resulting in no change in the S&P 500 index for the year to date. The principal driver of …
Is Past Prologue
After a 16% slide in the stock market between April and July, equities have rebounded about 10% since their early July trough. Yes, Virginia there is once again a summer rally. The rally reflects generally a more sanguine feeling about …
Partner Profile: Doug Stewart
He started buying stocks with lawn mowing money at the young age of 9. So it’s not surprising this enterprising young man grew into a highly regarded wealth management professional listed as one of the top 1,000 advisors (the February …
More Cautious
Since the outset of 2010, we have remained in the optimistic camp about the outlook for the economy, profits and the stock market. We have believed the economy would grow, profits would strengthen, and the markets would remain in a …
Continuing Adjustment to Moderate Growth
Someone recently asked me if I recalled a period during the past 45 years similar to the current one for the economy and markets. While different in some ways, the 1970s, especially the latter five years of that decade, were …
Buy Risk Assets
Before discussing the current investment setting, a quick review of the longer term picture for the markets is appropriate. We continue to believe that the U.S. stock market remains in a secular bear phase since the 2000 peak. We also …
Doug Stewart Named to Barron’s Top 1000 U.S. Wealth Managers; #9 in State of Virginia
Stewart honored for exceptional professionalism, client and community service RICHMOND, VA (April 20, 2010) – Barron’s magazine recently named Fredericksburg’s Douglas G. Stewart as one of 2010’s top 1,000 financial advisors in the United States. Stewart, a managing director with Cary …
Charles Hurt Named Cary Street Partners’ Managing Director
Hurt to lead Atlanta office’s investment banking practice and Retail, Restaurant & Consumer Products industry practice group RICHMOND, VA (March 30, 2010) – Cary Street Partners, a Richmond, Virginia-based investment banking and wealth management firm, announced today that Charles D. Hurt …
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