As an advisor and partner at GHPIA+, Mike guides client retirement planning models and portfolio allocation strategies. He earned a BA degree in political science from Colorado State University, then began his career as an investment banking analyst supporting municipal bond underwriting. He earned his Certified Financial Planner (CFP®) designation and joined GHPIA in 2008. He can often be found hiking in Indian Peaks Wilderness or skiing at Mary Jane with his wife and two children. Mike’s other interests include our national parks, live music, scuba diving, and astronomy.
Our periodic table of asset class returns highlights how unpredictable the top and bottom performers can be — proving there is no clear pattern over 20 years in the stock market.
On Wednesday March 8th SVB Financial Group (SIVB), the holding company for Silicon Valley Bank, announced a recent sale of $21 billion from their bond portfolio as well as their intention to issue $2.25 billion in new stock to shore up their weakening financial position. Less than 48 hours later the bank was placed into receivership by the FDIC. While the end came swiftly for SIVB, the process started months ago.
As the war reaches the one year mark this month, most commodity prices have fallen back to pre-invasion levels and Western economies, particularly the most vulnerable in Europe, have thus far avoided more threatening recessionary outcomes.
Government debt will continue to be a long-term pandemic side effect, one that investors in international markets may endure safely if they devote increased scrutiny to deficits, tax rates, and inflationary impacts.
