What a government shutdown means for your investments

All the headlines for the past few days have been focusing on the potential government shutdown which takes place at midnight tonight. It doesn't appear that either side is willing to back down at this point and the best case to avoid a shutdown may be another short term deal. But I'm not here to talk about politics and the politicians inability to compromise and find middle ground. We have to consider what the shutdown means to our clients' investment portfolios.

Top 15 Blog Posts of 2017

On behalf of Runnymede Capital Management, we wish you a Happy and Prosperous New Year! We're so thankful for such a great community of individuals, families, companies and organizations.

3 Actionable Tips to get Financially Fit in 2018

As we near December 31st, many people are making their New Year's resolutions. I've never been a fan of resolutions, but last year my pants were getting tight in October and weren't helped by so many holiday treats. I made the decision to get in better shape. It was really more of a goal than a resolution but I digress. I bought a $20 Groupon to try out CKO Kickboxing for 6 classes and after my first class, I was totally hooked. I loved hitting the heavy bag and have been going twice a week ever since. In conjunction, I also focused on eating clean and enjoy having salad during most weekday lunches. I'm happy to report that after a year, my pants are no longer tight around the waist. The funny thing is that I've actually gained weight over last year but it is now muscle instead of fat. This year I'm tempted to write out more formal resolutions and goals to see what I can accomplish.

Since I write mainly about financial topics, today I will focus on 3 actionable tips to help you get financially fit in 2018. I know that many of you are worried that I'm going to go into budgets, planning, emergency funds, 401ks and other boring crap. But worry not, I won't mention any of these terms. I promise. Let's jump into the good stuff!

Will the stock market boom or bust in 2018?

This is one of my favorite posts to write every year as we get to look back on Wall Street predictions and see how they panned out. We have done this in 2014, 2015, 2016 and 2017 so it is becoming a tradition to see which strategists did well and which missed the mark.

Last year, the strategists predicted a bull market for 2017 with an average target of +5% for the S&P 500. Needless to say, they badly missed the mark as the S&P 500 has returned over 20% and blew all predictions out of the water. The most bullish was John Stoltzfus but his target was for just 2450 and today the S&P is 2682. The worst miss was the surprisingly bearish Tom Lee who historically was the most bullish on the street almost year in and year out -- he picked a bad year to lose his bullish mojo. He expected the market to have a bad first half and basically end flat at 2275. Now let's take a look at their thoughts on 2018...

See How Amazon's 100,000 Robots Prep Your Package for Delivery

While you may not yet be ready for a medical exam by Dr. Robot, odds are that some of the packages you're receiving this holiday season will be prepped by a robot. Watch this incredible video.

5 simple steps to protect yourself from the massive Equifax data breach

Today, Equifax announced one of the largest data breaches in history affecting almost half of the US population, as many as 143 million Americans. Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017.

The information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed.

Is war good or bad for the stock market?

This weekend, the crazy dictator in North Korea stepped up the insanity by supposedly testing out a hydrogen bomb. Whether they actually did this is debatable but the rhetoric is going beyond words with missiles and bomb tests. What Kim Jon Un is trying to accomplish is anyone's guess because he isn't winning any friends with ballistic missiles over Japan or nuclear tests. We just hope that a strategic miscalculation doesn't lead to a serious war.

As money managers, we have to decipher whether this is good or bad for the stock market. In April, Barron's Mark Hulbert wrote a piece titled "War is Hell - but Not for the Stock Market." Is this true?

Happy birthday to our Chairman Sam Wang!

Happy birthday to our Founder/Chairman (and my dad) Sam Wang!

IMPACT of Artificial Intelligence

This week I spent a couple of days in Hartford attending IMPACT Live 2017 where I met other great bloggers and inbound marketing experts. Thanks to IMPACT CEO Bob Ruffolo for the invite and incredible conference. I'm already looking forward to next year. While the conference centered on marketing, the talk that blew people's minds was from Paul Roetzer on "The Path to a More (Artificially) Intelligent Future." It definitely made for great lunch conversations shortly afterward. Here are some of the highlights and my thoughts.

5 bullish quotes from earnings season

The S&P 500 is roughly halfway through earnings season with 237 companies having reported. It has been a very strong period so far with 79% of companies beating expectations vs an average 73% over the last 10 years. Earnings are on track for double-digit growth once again and this should be a bullish catalyst for the market in the second half of the year. As we discussed in our last quarterly webcast for clients, reported earnings continue to accelerate and we view this as extremely positive for the stock market. Here is the chart from our call:

IMPORTANT DISCLOSURE INFORMATION 

Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Runnymede Capital Management, Inc.-"Runnymede"), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Runnymede.  Please remember that if you are a Runnymede client, it remains your responsibility to advise Runnymede, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Runnymede is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Runnymede's current written disclosure Brochure discussing our advisory services and fees is available for review upon request. Please Note: Runnymede does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Runnymede's web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

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