The speed with which this particular market episode has unfolded is unprecedented. It took just four weeks for the broad market to fall between 35-40%, bottoming on March 23, 2020. The current rebound, thanks to a massive liquidity program from the Federal Reserve and unprecedented...

The last several weeks have seen an enormous amount of market volatility. Not just the stock market – this volatility has affected every financial market in the world, from stocks to bonds to commodities and so forth. The S&P 500 peaked on a closing basis...

Lyell Wealth Management invests substantial resources in proprietary research which helps us decipher real economic and market data apart from the sensationalist financial media. We periodically publish a Snapshots issue that compiles charts and tables that we think are interesting. There may not necessarily be...

The markets are contending with many significant issues that have led to increased volatility. The primary issue is the U.S.-China trade war and associated slowing of the European, Japanese and Chinese economies along with decreased U.S. manufacturing and business investment. The Trump administration is challenging...

There is an old saying in the investment world that “Profits are an opinion, but dividends are a fact.” The implication is that nothing matters until an investor has received her cash distribution. It may therefore seem reasonable to focus on the dividend yield as...

Last year was a turbulent one for investors in which virtually every asset class ended flat to down. As noted in the August Tug of War Perspective, Lyell Wealth Management shifted to a less bullish, more balanced outlook towards the markets last summer, as we...

Perhaps the most consensus investment advice in recent years has been for investors to allocate more funds overseas. Financial media and commentators consistently tout the merits of international investing with a particular emphasis on Europe. The primary attraction cited is valuation with European stocks having...

One can make a compelling narrative why the bull market in U.S. equities is not over. For starters, 2018 has ushered in the lowest statutory corporate tax rate since the 1940s. U.S. companies are on pace to repatriate $500 billion from abroad in 2018, with...

Investors enjoyed a tremendous 2017. An improving economy and ample global liquidity resulted in rising stock markets with unusually low volatility. This environment lasted through January, while February ushered in a market correction which is still underway. Lyell Wealth Management sees numerous changes occurring in...

2017 has certainly been an interesting year. There have been many reasons why one might have wanted to bet that “the end has come” to this economic expansion and the accompanying stock market rally, yet the upward trends have remained in place. Fortunately, Lyell has...