facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Insights & Understanding

Remain in the Know

Clear Harbor Flash

As Seen and Heard on Reuters TV and Bloomberg Radio


New Tax Filing and RMD Rules for 2020

- Due Date for Federal Income Tax Returns and Payments Postponed to July 15 - Required Minimum Distributions from IRAs, 401(k) plans, and Other Retirement Accounts are Not “Required” in Calendar Year 2020 Due to the coronavirus pandemic, the


Clear Harbor Flash: COVID-19 Market and Policy Impacts

I hope this note finds you and your family well as the COVID-19 virus escalates and alters each of your daily lives. We recognize that the news emanating from this virus has rattled financial markets and increased portfolio volatility in a manner most likely not observed since the Great Recession of 2008-2009. While we certainly cannot shift market sentiment or alter the trajectory of the virus, we remain on call to respond to your concerns, thoughts, and questions.


Fear in The Air, Coronavirus, Markets

The emerging impact of the Chinese-born Coronavirus has changed the calculus for investors in a rather abrupt fashion. Over the last week volatility has spiked, equities have corrected approximately 5%, and the dollar has risen along with US Treasury prices and gold bullion. The 30-year Treasury bond is now trading at the lowest yield on record. As the Coronavirus shuts down factories and halts air travel, China’s economy appears to be entering an outright recession after years of mid to high single-digit growth. If the SARS epidemic which struck China in 2002 is any guide, economic demand will rebound in the second half of 2020. However, we do not recommend taking out the fine crystal just yet as there exists no clear indication that this virus will impact the human population and economy in a similar fashion. So where do we go from here?


The Uncommon Average

The US stock market has delivered an average annual return of around 10% since 1926.[1] But short-term results may vary, and in any given period stock returns can be positive, negative, or flat. When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average?


Tuning Out the Noise

For investors, it can be easy to feel overwhelmed by the relentless stream of news about markets. Being bombarded with data and headlines presented as impactful to your financial well-being can evoke strong emotional responses from...