In the large, friendly letters of Douglas Adams’ The Hitchhiker’s Guide to the Galaxy, DON’T PANIC.  We are well aware of the dip in bond market values that is reflected in portfolios.  Bond prices move in the opposite direction of yield, so as interest rates rise, the value of existing bonds decreases.  What doesn’t change,...Read More

Despite what seem to be ever-increasing risks in the global economy, the stock market continues to push skyward.  While this may be a sign of economic resilience, it is just as likely to be a sign of people trying to get on board the gains train.  Even those who find the stock market risky, after...Read More