The New Capital JOURNAL
Financial news, views, advice, and guidance.
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Market Week: June 15, 2020
Last week began with a bang for stocks as each of the indexes gained well over 1.0% for the day. The S&P 500, after climbing 1.2%, has picked up nearly 45.0% since its 2020 low, pushing it into the black for the year.
New Capital 2020 Intern: Jeffrey Li
Meet the 2020 New Capital Summer Intern, Jeffrey Li. He summarizes and reviews several interesting economic infographics from Visual Capitalist.
Will the Fed cause inflation?
Historically, an increase in the money supply leads to higher levels of inflation, but investors should remember that supply is only one driver of overall prices.
Dimensional 2020 Matrix Book
Dimensional’s annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.
U.S. Government Sends Millions of Economic Impact Payments by Prepaid Debit Card
The Economic Impact Payment Card (EIP Card) arrives in a plain envelope from Money Network Cardholder Services, along with card information and instructions for its activation.
Market Week: June 8, 2020
Despite nationwide protests and U.S.-China tensions, stocks rose to start the week.
Affliction
There are no good reasons for the United States, or the world, to continue to choose racism. It is a self-inflicted illness, an affliction that holds all of us back individually and collectively.
Diversification Can Feel Disappointing
A well-diversified portfolio is designed to help you achieve your long-term goals as well as limit your portfolio’s downs (and ups). But it doesn’t always feel good.
Think Twice Before Speculating on a COVID-19 Cure
As hundreds of companies race to develop vaccines and drug therapies that could help end the COVID-19 pandemic, news reports on successful or failed trials affect individual stock prices and can trigger swings in the broader market.
Webinar Recording: Fixed Income Bonds in a Covid World - May 29, 2020
Watch a recording of our webinar: Fixed Income Bonds in a Covid World
Market Week: June 1, 2020
With the stock market closed last Monday in observance of Memorial Day, Tuesday's trading led to solid returns for each of the benchmark indexes listed here.
David Booth on Righting the Ship
Everyone wants to know when we’ll be able to get to the other side of COVID-19. Dimensional Founder David Booth shares what he’s seeing and why it gives him hope.
2019 IRA Contribution Deadline Has Been Extended
Due to the coronavirus tax filing extension, there's still time to make a regular IRA contribution for 2019.
Market Week: May 26, 2020
The major benchmarks opened the week on a high note, led by the Russell 2000, which gained more than 6.0%.
Life Changes
New Capital is dedicated to understanding not only our clients’ life goals, but also changes to our clients’ life goals.
Retiree Confidence Drops in 2020, As Some Workers Worry
The Retirement Confidence Survey conducted each year by the Employee Benefit Research Institute (EBRI) took a slightly different tack in 2020.
Spread the Word: What’s New with Valuation Ratios
Over the 10-year period ending March 31, 2020, the Fama/French US Value Research Index returned an annualized 5.06%, well behind the 13.04% achieved by the Fama/French US Growth Research Index.
Market Week: May 18, 2020
Stocks opened the week with mixed returns. The S&P 500 stayed level, the Dow fell by almost half a point, and the Nasdaq finished the day up three-quarters of a percent.
Coronavirus Affects Federal, State, and Local Deadlines
Federal, state, and local governments have extended a number of deadlines amid the coronavirus pandemic.
The Bumpy Road to the Market’s Long-Term Average
It’s important to remember that returns in any given year may be sky-high, extremely poor, or somewhere in between.