Author Archives: Todd LaBorwit

Weekly Market Commentary, By Marc Schliefer, CFP®

The Markets We’re going to do it…We’re going to do it…We’re not going to do it…Yet. Last week, the U.S. Federal Open Market Committee gave stock markets a gift that, on a scale of thrills, might have been on par with Marilyn Monroe singing happy birthday to JFK. On Wednesday, the FOMC announced (without a…

No Fed Taper

The most highly anticipated Fed meeting in years captured all the attention this week. The Fed statement caught nearly every investor by surprise, since the Fed did not begin to taper its bond purchase program. Mortgage rates swiftly dropped following the news and ended the week lower. While the vast majority of investors expected a…

Weekly Market Commentary, By Marc Schliefer, CFP®

Baseball great Yogi Berra once said, “In theory there is no difference between theory and practice. In practice there is.” He may have been on to something. Last May, Fed Chairman Ben Bernanke introduced the idea the Fed’s economic stimulus program, known as Quantitative Easing (QE), might be ratcheted down sooner rather than later. The…