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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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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Improving Fundamentals

As the first quarter of 2010 ends, the U.S. stock market is leading the developed markets of the world. Year to date the S&P 500 is up 5% and Asia Pacific rose 3.5% while European and Latin American markets have …

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Frontier Markets 101: Investing in High Growth, Greater Volatility

Written By Gavin Raphael, CIMA®, Director of Research, and Matthew Shaia, Associate Analyst, Cary Street Partners Investment Advisory LLC In 1992, Farida Khambata of the International Finance Corporation (IFC), defined frontier markets as those markets that are investable but are …

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Volatility Returns

Last month we stated that “we continue to believe that a cyclical bull market is in process. One disquieting feature is that over more than 100 years of stock market history a correction of 10-30% typically occurs before equities rebound …

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