As a native New Englander, I am well acquainted with the changing seasons. The term “seasonality” only crossed my radar, however, when I entered the investment business. Seasonality refers to historical patterns in stock market returns...

Threats of a nuclear conflict between the U.S. and North Korea, increased tensions between right and left here at home, a stalled Trump Administration agenda, and a spate of major hurricanes would in a typical environment likely lend to a pullback in risk assets and a flight to quality.

As expected, at its September meeting, the Federal Open Market Committee (FOMC) acknowledged that it would begin the process of shrinking its balance sheet by stepping down the pace of reinvestment of maturing bonds...