COVID-19: Lessons for Elected Leaders

May 6, 2020 One lesson our nation's elected leaders should learn from COVID-19, is that common sense should take precedence over fear bound decision making. As of today, Kentucky has 5,245 known confirmed cases of COVID-19. We also have 261 tragic COVID-19 deaths....
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It’s Already Past Dawn!

April 9, 2020 In the past month with our nation’s economy, the world economy, and your investment values have taken a major hit. Most of the financial damage was done in a very short 2-3-week period. This is very representative of the fact that when markets...
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A Note on the Paycheck Protection Program:

April 9, 2020 I want all of our client’s, friends, and family to know that Spectrum Financial Alliance Ltd., LLC has participated in the Paycheck Protection Program (PPP) and received notification of our approval under that program within 2 ½ working days...
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Small Business Administration: Paycheck Protection Program

April 3, 2020 If you know someone who owns a business, is a sole proprietor, or a contract employee and you want to help them, the information below is critically important! The Small Business Administration (SBA) has implemented the Paycheck Protection Program (PPP)...
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Market Update: April 2, 2020

April 2, 2020 On March 23rd, 2020, we believe that the market reached its’ low point with a closing value of 2,237 on the S&P 500. Yesterday the equity market reacted adversely to the President’s news conference Tuesday night where it was announced that our...
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Coronavirus Related Leave Act

March 23, 2020 On Friday, March 20, 2020, the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed...
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Investing with Confidence!

February 26, 2020 The one certainty in equity investments is that if held long-term, they have never failed to provide a great return. Problems come and go but, inevitably, higher long-term corporate earnings push equity prices upward. Note the Ibbotson chart below...
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Coronavirus: No Intermediate or Long-Term Impact on the Market!

February 24, 2020 This morning equity markets around the world are markedly lower due to another increase in fear pertaining to the coronavirus. The Coronavirus epicenter was in Wuhan, China and is centered primarily in Asia. But this weekend there were reported cases...
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10/3/19: Comments on Recent Market Selloff

In recent days, we have experienced a selloff from the new market highs reached in September 2019. This selloff is normal as equity owners take profits off the table and as uncertainty of international trade again raises its head. This should be very short-term! The...
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Very Important Commentary on Recent Market Volatility

Turbulent markets and a very temporary inversion of the yield curve have caused overly emotional speculation of an impending recession. All of the fear generated in our markets are wrapped up in the trade dispute with China. Yesterday was a big down day in the markets...
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A Normal Correction

Since the market opened last Thursday, we have seen the market give up a portion of this year’s extraordinary gains. The S&P 500 index as of this morning at 11:40am is down 2.25%. Let’s differentiate between a normal “correction” and a longer-term, more serious...
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Is the Party Over?

Much has been written in the secular and financial press lately about the bull market in stocks being over. But is it really? I have several observations that I think will help you understand better why we believe it’s nowhere near over. First, equity market movements...
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Play the Long Game

May has not been a friendly month for our nation’s equity markets. Through yesterday’s close, the S&P 500 Index is off 5.33%. This means that, for the first five months of 2019, Spectrum clients have annualized returns, net of all costs, of 12.53%, but also have...
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Investment Philosophy

After 32 years of practice and having the privilege of working for so many wonderful and incredible folks, as well as having the best staff I have been privileged to work with, you’d think I would be able to more clearly and persuasively explain how our firm has the...
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Market Update: March 22, 2019

Today the market, as measured by the S&P 500, is down 1.63% (as of 3:35pm EST) on a renewed (and completely irrational) fear of a yield curve inversion (which has not occurred and is extremely unlikely to occur in the intermediate future) and the fear of worldwide...
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Market Panic Enters Last Stages

The equity markets’ negative returns, and the large negative sentiment, have been driven by a fear of Chinese trade issues, Federal Reserve policy issues, and now the market’s downside, we believe, has all but burned itself out. Irrational market panics, like this,...
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A Major Step Forward!

Mike Reich, who you may know has been with our firm for over three years, recently graduated from the University of Georgia with a master’s degree in Financial Planning and successfully passed the Certified Financial Planner™ exam last month. Now that Mike has...
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12-6-18 Intelligent Investing

December 6, 2018 The past two months of slow market decline have brought our firm’s returns down, from the first of the year, to approximately -5%. The real question is: what’s causing this short-term decline in what we believe is a very long-term secular market? We...
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November 20, 2018: Fourth Time is a Charm

November 20, 2018 Fourth Time is a Charm! Markets, as they occasionally do, have declined over the past month. Since early October of this year we have experienced another retest of the early February 2018 lows. This year, there have been several retests...
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