Best Quarter for Stocks Since Q4 2013

According to LPL Research, “Investors endured a flurry of trade headlines and emerging market turmoil in the third quarter, but that didn’t slow down U.S. stocks. The S&P 500 Index rose 7.2% during what has historically been the most volatile quarter of the year (7.7% including dividends), its biggest quarterly gain since the fourth quarter of 2013, its best performance in a third quarter since 2010, and the 11th gain in the past 12 quarters.” Key takeaways include: We’ve just wrapped up the best quarter for the S&P 500 Index since the fourth quarter of 2013, despite a variety of challenges. Continued strength in the U.S. economy and impressive growth in corporate America were key drivers of stock market performance last quarter. The third quarter was a challenging one for the bond market, with the Bloomberg Barclays Aggregate Bond Index flat over the three months. To read more from John Lynch, Chief Investment Strategist, and Jeffrey Buchbinder, CFA Equity Strategist, LPL Financial, click here.

Sneak Peak…

September 28, 2018 | posted in: Blog, Frye Happenings | by

Hard work deserves recognition…getting started on a super comfy/fun lounge at Frye Financial for the team and visiting clients to enjoy.  Progress so far: TV –check…Cool pinball machine –check…

The Dow Joins the Party

September 25, 2018 | posted in: Blog, Financial Insights, LPL Weekly Market Commentary | by

According to LPL Research, The Dow joined the S&P 500 in reaching fresh new highs last week. The record came after a drought lasting nearly eight months. The blue chip index has lagged the S&P 500 Index and Nasdaq Composite this year amid escalating trade tensions, which have weighed on the larger multinational U.S. companies that make up most of the 30-stock Dow Jones Industrial Average (Dow). This week, we’ll discuss the impact of the Dow’s new high and whether stocks have enough support from economic growth and corporate profits to build on recent gains.   Read More  »

Good excuse for a sweet treat!

September 21, 2018 | posted in: Blog, Frye Happenings | by

We always enjoy a sweet treat at the office, but this week we had the excellent excuse of celebrating Alex Holguin’s birthday!

Midterm Elections and Stocks: Friends or Foes?

September 18, 2018 | posted in: Blog, Financial Insights, LPL Weekly Market Commentary | by

As LPL Research explains, “2018 continues to be a solid year for U.S. equities, even in the face of many well-documented concerns (we’re looking at trade worries and the flattening yield curve here). Want some good news? The calendar may quickly become a bull’s best friend.”  Click here to read more about why.

“Honey,” there may “BEE” a problem!

September 7, 2018 | posted in: Blog, Frye Happenings | by

When you find a “pop up” honey bar in the office backyard…