the-roseline-group

Third Quarter 2020 Market Perspective

Fri, 22 Jan 2021 15:05:41 GMT

Third Quarter 2020 Market Perspective

Dec 26, 2023

All major asset classes advanced in the third quarter amidst increased volatility and despite some sharp September declines.

| EQUITIES

U.S. equity indices were up across the board in the third quarter, led by the Dow Jones Transportation Index (up 22.43%) and the technology-heavy NASDAQ (up 11.02%). The “capitalization weighted” S&P 500 had its best third quarter since 2010 (up 8.93%), despite its worst September since 2011 (down nearly 4%). The average daily change for the S&P 500 for the quarter was approximately 1%, which tends to be consistent with sharper swings in the market. READ MORE

Second Quarter 2020 Market Perspective

Fri, 15 Jan 2021 15:17:25 GMT

Second Quarter 2020 Market Perspective

Dec 26, 2023

Virtually all asset classes produced gains in the second quarter, although only precious metals and fixed income were positive for the year to date. After the “sell everything” decline in March, markets reflected a “buy everything” mood in the second quarter. In fact, financial markets have been moving in tandem more than any other time in the last two decades, in an investment environment dominated by pandemic economics and central bank stimulus.1 As noted in our last newsletter, April was the worst month in modern economic history, but the second-best month in 33 years for the S&P 500.2 By the end of the quarter, some economic metrics had improved, but major health and economic concerns remain. READ MORE

First Quarter 2020 Market Perspective

Fri, 08 Jan 2021 15:19:24 GMT

First Quarter 2020 Market Perspective

Dec 26, 2023

Our world has changed more profoundly than most of us can remember. A global health emergency which compels the world to come to a halt is simply unprecedented in the modern era.

The effect of Covid-19 on our physical health and economic well-being has clearly been destructive, as Robert Schiller describes in his recent article “The Two Pandemics”.1 The related shock to the global economy and financial markets has been similarly unprecedented: global markets of almost all kinds suffered double digit declines for the quarter. Only U.S. Treasury Bonds and gold were up for the quarter, as essentially all other asset classes were hit by the pandemic selloff. READ MORE

Forth Quarter 2019 Market Perspective

Fri, 01 Jan 2021 15:21:30 GMT

Forth Quarter 2019 Market Perspective

Dec 26, 2023

As 2018 was the worst year for financial markets in 45 years, 2019 was one of the best years on record for all investments.

| EQUITY MARKETS

Equities performed well domestically and internationally. The S&P 500 rose 9.1% in the fourth quarter to finish the year up 31.5%. Equities in developed international markets were up 8.2% for the quarter and 22.0% for the year, and emerging market equities were up 11.8% for the quarter and 18.4% for the year. READ MORE

Third Quarter 2019 Market Perspective

Fri, 25 Dec 2020 15:24:54 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

The third quarter saw renewed volatility in equities, additional gains in fixed income, and strong movement in precious metals.

I EQUITY MARKETS

The S&P 500 was up 1. 7% for the quarter, but the NYSE as a whole and NASDAQ both declined slightly (0.34% and 0.09% respectively). International stocks in both developed and emerging markets were down: -1.07% for developed and -4.25% for emerging markets. READ MORE

Second Quarter 2019 Market Perspective

Fri, 18 Dec 2020 15:27:19 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

The second quarter saw renewed volatility in stocks, strong performance from bonds, and the possible beginning of a breakout in precious metals.

I EQUITY MARKETS

Domestic equities outperformed both international developed and emerging markets. For the quarter, the S&P 500 was up 4.3%, EAFE was up 3.68%, and emerging markets rallied in June to finish up 0.61%. Thus, the relative valuation advantage of emerging market stocks compared to U.S. stocks continued to widen during the quarter. READ MORE

First Quarter 2019 Market Perspective

Fri, 11 Dec 2020 15:36:10 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

After a historically poor year across all asset classes, most assets turned around in the first quarter of 2019.

I EQUITY MARKETS

Stocks had a strong quarter both domestically and abroad. Rebounding from its worst December since 1931, the S&P 500 advanced more than 13%. This was the best first quarter performance since 1998, and the best three-month period since the third quarter of 2009. READ MORE

Third Quarter 2018 Market Perspective

Fri, 04 Dec 2020 15:39:41 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

I U.S.+ INTERNATIONAL EQUITY MARKETS

U.S. equities enjoyed the best quarter in five years with the S&P 500 and NASDAQ up over 7%. The U.S. economy, according to Federal Reserve Chair Jerome Powell, is in the midst of a “remarkably positive” period with a “historically rare pairing of steady, low inflation and very low unem p loym ent.” 1 Unemployment has reached a 49-year low, which only now is beginning to result in the strongest wage growth in a decade. However, inflation has remained near the Fed’s 2% target. READ MORE

Fourth Quarter 2018 Market Perspective

Mon, 04 Feb 2019 15:42:31 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

The fourth quarter saw continued – even increased – volatility in the markets, as virtually every major asset class reversed course during the quarter and finished down on the year. All major U.S. equity indices declined more than 10% in the fourth quarter. The S&P 500 and NASDAQ finished the year down less than 5%, while companies listed on the New York Stock Exchange fared worse as a whole, down 11.2%. International equities, both in developed and emerging markets, also finished down on the year, 13.8% and 14.6% respectively… read more

Second Quarter 2018 Market Perspective

Fri, 17 Aug 2018 15:45:00 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

US equities significantly outperformed international equities in both developed and emerging markets in the second quarter of 2018. Domestic stocks outpaced foreign stocks by 6.2% in the quarter, bringing the 10-year performance gap between US and foreign stocks to 7.2% per year. This differential is the largest since this century, when US technology companies had prospered and the Japanese equity market imploded… READ MORE

Get MORE Out of Your Charitable Contributions

Mon, 28 May 2018 15:50:16 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

There are countless reasons people give to charity every year, from wanting to help out a good cause to not forgetting the help they’ve received in years past to just plain feel-ing good about it. Of course, the tax benefits are nice too! In some instances, those tax benefits can be better than you might think.

What is it? READ MORE

First Quarter 2018 Market Perspective

Sat, 31 Mar 2018 15:52:21 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

For the first time in ten quarters, most global developed equity markets declined in value for the period ending March 31, 2018. The-tech heavy NASDAQ was able to advance, along with emerging market equities.

The year began with rampant optimism around equities as individual sentiment hit a record high and January marked the fifteenth consecutive monthly gain for the S&P 500. However, by the second week in February equity markets began to experience significant volatility. In the first seventy-one trading days of 2018, the S&P 500 has had twenty-eight days of 1% change or greater, often with swings in either direction on alternating days. By contrast, there were only eight such days for all of 2017… READ MORE

New Tax Law

Fri, 12 Jan 2018 15:56:52 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

The new tax law, commonly called the “Tax Cuts and Jobs Act,” is the biggest federal tax law change in over 30 years. Below are some significant changes affecting individuals and businesses. Note: Except where noted, the changes are effective for tax years beginning after December 31, 2017… READ MORE

Estate Tax (Form 706)

Thu, 04 Jan 2018 15:58:53 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

At death, all property of the decedent is included in the gross estate for estate tax. Taxable gifts made after 1976 are added to the total. The estate is allowed deductions for funeral expenses, administrative expenses, decedent’s debts, and state death taxes. Most property passing to a surviving spouse or charity is also fully deductible.

Estate tax is due if the net estate is more than the estate tax exclusion for the year of death ($11,180,000 in 2018). The estate receives a credit for gift tax payable by the donor during life… READ MORE

Stock Options – Same Day Sales

Thu, 04 Jan 2018 15:47:16 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

A stock option allows (but does not obligate) an employee to buy a specified number of shares of stock from a company for a specified price during a specified period of time. There are two categories of stock options.

Nonstatutory (nonqualified) stock options.
Statutory (qualified) stock options. Statutory stock options include incentive stock options (ISOs) and employee stock purchase plan options (ESPPs).

The employer determines the type of option offered to an employee.

The term “nonqualified stock option” is a technical term describing certain types of stock options granted to employees. The term refers to how the gain is taxed, not to the legitimacy of the transaction… READ MORE

Fourth Quarter 2017 Market Perspective

Fri, 29 Dec 2017 16:00:30 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

2017 proved to be a rewarding year for risk-based assets. Global equities and precious metals performed well; commodities broke a multi-year losing streak. Momentum was strong at year-end for each of those markets, and that strength has continued into early 2018. U.S. equities produced their ninth consecutive yearly gain in 2017 but were outpaced by developed international markets and emerging markets.

Bonds continued to do well in 2017, although we believe the end of the long-term decline in interest rates ended in 2015. The Federal Reserve appears committed to a slow and steady increase in the Fed Funds rate over the next three years (as confirmed again by their December action1), if ongoing economic data supports those future increases… READ MORE

Third Quarter 2017 Market Perspective

Fri, 29 Sep 2017 16:01:59 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

The Federal Reserve stopped creating new money more than two years ago. Since December 2015, it has lifted the funds rate by 100 basis points from zero percent.

However, the Bank of Japan and Bank of England picked up the Fed’s slack and continued printing. Global central bank money-printing reached a record level in the first half of this year (about $200 billion per month), exceeding printing during the 2009 financial crisis.

Despite these extraordinary efforts, reported core inflation generally remains below target levels, and yields are at historic lows. The longer expansionary monetary policy lasts, the greater the chance of overvaluation and intense price corrections. And as expansionary monetary policy winds down, there remains little insurance against another crisis… READ MORE

The Roseline Team Volunteers at FeedMore

Mon, 31 Jul 2017 16:03:15 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

Very proud of our employees who volunteered in the FeedMore Community Kitchen this morning! Great job helping to get meals out for thousands of children, seniors and homebound individuals across Central Virginia. For more information about FeedMore, visit https://feedmore.org/ .

Second Quarter 2017 Market Perspective

Thu, 29 Jun 2017 16:04:47 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

Interest rates have been a primary tool of global central bankers in their effort to lift asset prices. Globally, interest rates bottomed over the last 12-24 months. Any continued rise will certainly get the attention of markets and policy makers.

Governments (and for that matter, corporations) can little afford higher interest rates. US federal debt levels have exploded in recent decades.

In addition, there are more “debt-like” liabilities cropping up, including unfunded pension liabilities. Unfunded public liabilities act like debt, because the funding for public pensions comes from the same tax revenue base that pays interest on debt. The state and federal governments have underfunded liabilities equivalent to 40% of GDP, on more than $7 trillion… READ MORE

Duty voted Super CPA for 13th time

Tue, 29 Oct 2013 16:07:00 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

Jim Duty, a partner and founder at The Roseline Financial Group, was voted a Super CPA in Virginia Business magazine’s 2013 annual report. This marks the 13th time that Jim has been voted a Super CPA by his fellow professionals throughout the Commonwealth. This year, Jim was recognized for his outstanding work in the estate planning and trust category. Prior Virginia Business Super CPAs reports have also recognized Jim’s expertise in the areas of individual tax and personal financial planning. Please join us in congratulating Jim for his outstanding work for our clients!

Bradberry profiled in Virginia Business Magazine’s Super CPAs Report

Tue, 29 Oct 2013 16:06:02 GMT

Third Quarter 2019 Market Perspective

Dec 26, 2023

Beth Bradberry, a partner and founder at The Roseline Financial Group, was recently profiled in Virginia Business magazine’s annual Super CPAs Report. In cooperation with the Virginia Society of CPAs, Virginia Business magazine polled thousands of Virginia accountants for nominations of fellow professionals that they consider the very best in 12 practice categories. When ballots were counted, Beth was selected as one of Virginia’s Super CPAs in 2013 in the individual tax category. This marks the 7th time that Beth has been voted a Super CPA by her fellow professionals throughout the Commonwealth.

Check out Beth’s profile in the November edition of Virginia Business magazine.

the-roseline-group

Third Quarter 2020 Market Perspective

Third Quarter 2020 Market Perspective ﻿

Second Quarter 2020 Market Perspective

Second Quarter 2020 Market Perspective ﻿

First Quarter 2020 Market Perspective

First Quarter 2020 Market Perspective ﻿

Forth Quarter 2019 Market Perspective

Forth Quarter 2019 Market Perspective ﻿

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Second Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective ﻿

First Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Third Quarter 2018 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Fourth Quarter 2018 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Second Quarter 2018 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Get MORE Out of Your Charitable Contributions

Third Quarter 2019 Market Perspective ﻿

First Quarter 2018 Market Perspective

Third Quarter 2019 Market Perspective ﻿

New Tax Law

Third Quarter 2019 Market Perspective ﻿

Estate Tax (Form 706)

Third Quarter 2019 Market Perspective ﻿

Stock Options – Same Day Sales

Third Quarter 2019 Market Perspective ﻿

Fourth Quarter 2017 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Third Quarter 2017 Market Perspective

Third Quarter 2019 Market Perspective ﻿

The Roseline Team Volunteers at FeedMore

Third Quarter 2019 Market Perspective ﻿

Second Quarter 2017 Market Perspective

Third Quarter 2019 Market Perspective ﻿

Duty voted Super CPA for 13th time

Third Quarter 2019 Market Perspective ﻿

Bradberry profiled in Virginia Business Magazine’s Super CPAs Report

Third Quarter 2019 Market Perspective ﻿

Third Quarter 2020 Market Perspective

Second Quarter 2020 Market Perspective

First Quarter 2020 Market Perspective

Forth Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective

Third Quarter 2019 Market Perspective