Birthday Smiles In Abundance!

November 30, 2018 | posted in: Blog, Frye Happenings | by

This week we were all smiles as we celebrated Catalina Arias’ birthday with this delicious cake!

Corporate America Impresses Again

November 28, 2018 | posted in: Blog, Financial Insights, LPL Weekly Market Commentary | by

According to LPL Research, “Corporate America produced another outstanding earnings season. We expected another quarter of strong earnings growth, and corporate America delivered even more than we anticipated. Third quarter numbers were excellent, even if the boost from the new tax law is excluded, as has been the case throughout this year. Revenue and earnings upside compared with expectations was particularly impressive, making prior assertions of an earnings growth peak premature. We’re also impressed by the resilience of companies’ outlooks in the face of tariffs and ongoing trade policy uncertainty.” Key takeaways include: Third quarter earnings season was again very impressive, with S&P 500 Index earnings growing 28% year over year, the fastest pace since the fourth quarter of 2010. A pickup in economic growth, strong manufacturing activity, and tax cuts were the key growth drivers. Guidance was generally positive despite tariffs and ongoing trade policy uncertainty To read more from John Lynch, Chief Investment Strategist, and Jeffrey Buchbinder, CFA Equity Strategist, LPL Financial, click here.

Retirement Plan Contribution Limits Increasing for 2019

November 19, 2018 | posted in: Blog, Financial Insights | by

The IRS recently announced its updated retirement plan contribution limits for 2019, and they’re going up.  For a chart detailing all the changes, including comparisons to years prior, please click here. Technical guidance is available in IRS notice 2018-83.

“…Up On The Roof…”

November 16, 2018 | posted in: Blog, Frye Happenings | by

Clients should take comfort in knowing that in addition to FDIC and FINRA, accounts are also being protected by FRED, our giant green iguana on our roof!

Birthdays Abound!

November 9, 2018 | posted in: Blog, Frye Happenings | by

Lemon meringue and chocolate hazelnut cakes to help serenade Ana Ortiz and Sarah Gross on their respective birthdays!

The Bright Side

LPL Research writes that “October was one of the worst months we’ve seen in years for stocks, but we see a much brighter future. The next two months could have a nice year-end rally thanks to historically bullish seasonal patterns during midterm years and the extreme buying strength we saw last week.” Key takeaways include: October was one of the worst months for stocks in years. Stocks have historically turned bullish into year-end following midterm elections. Within the four-year presidential cycle, this quarter and the following two quarters next year are historically the best for stocks To read more from John Lynch Chief Investment Strategist, and Ryan Detrick, CMT Senior Market Strategist, LPL Financial, click here.