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...

The year thus far has been marked by yet another rally in asset prices, as the majority of global investment markets continue to trend higher. The following chart (chart 1), which tracks the number of record-setting daily closes of the NASDAQ 100, indicates that 2017...

The global economy continues to exhibit improved growth through the first half of the year. Although no region is booming, the major economies in Europe, Japan, and China are performing better than in recent years, while the U.S. maintains a steady pace. Evercore ISI has...

Lyell dedicates significant resources to pay for top-notch proprietary research. This access helps Lyell decipher real economic and market data and trends versus the sensational-seeking “news” disseminated by the media. We intend to periodically publish a Snapshots issue that compiles charts, tables and graphs that...

For those concerned that this economic expansion is getting too long in the tooth, consider that we have in many ways just exited a mini-recession. The rapid appreciation of the U.S. dollar starting in the summer of 2014, coupled with the plunge in energy prices,...

We are fielding many questions regarding how we are positioning portfolios in anticipation of the presidential election. The stock market has thus far taken the upcoming event in stride through what is typically its most volatile season. Is it the market’s confidence in the status...

We are in an unusual economic and market environment. Sub-par economic activity, unprecedented aggressive monetary policy, historically low interest rates and high financial asset prices are vexing most market participants. Technology, communications, globalization and demographics are among several factors which are presenting unique challenges and...