Archive for Regency Newsletters

Third Quarter, 2015 Investment Review

Friday, October 9th, 2015


“Do not put all your trust in money, but put all your money in trust.” – Oliver Wendell Holmes

Volatility, or “vol” as it is called by market pundits, returned from its vacation in a loud and discomforting fashion.   After three years of almost languid, rising stock markets, sellers were plentiful rendering declines in equities around the world noteworthy and concerning.  Factors blamed for this sell off included sharply lower Chinese stocks, fear that a slowing China would drag down global economic activity, decreased market liquidity, and the uncertainty around a Federal Reserve (FED) interest rate increase.  (more…)

Second Quarter, 2015 Investment Review

Wednesday, July 15th, 2015


“…legacy planning is not about leaving a legacy, but about living our legacy.” – Dr. Richard Orlando, LEGACY

Negotiations between the leftist Greek government and European finance ministers broke down in late June prompting a missed payment to the IMF on June 30th. Elected on a platform to end austerity, the Greek administration is at obvious odds with creditors who require prudent fiscal plans. (more…)

First Quarter, 2015 Investment Review

Tuesday, April 7th, 2015


“Success is finding satisfaction in giving a little more than you take”
– Christopher Reeve

Spring.  Finally!  Pansies, crocuses, daffodils, hyacinths, and tulips are blooming and workers are busy repairing this winter’s bumper crop of potholes in the Northeast-apologies to those clients who dwell in Southern climes.  Potholes are annoying and dangerous hazards.  Capital and investment markets have their own potholes; cracks, bumps, holes and craters that investors run into with little if any warning.  (more…)

Fourth Quarter, 2014 Investment Review

Tuesday, January 6th, 2015

Oil Slick

“There are two ways of spreading light: to be the candle or the mirror that reflects it.”
– Edit Wharton

Oil prices leaked massively in the last half of 2014 and for the year as supply growth greatly exceeded demand growth for the black gold and producers chose not to decrease production.  Brent crude oil dropped almost 50% in the second half of the year.  Consumers and heavy energy users (e.g. airlines) benefitted significantly from this trend.  (more…)

Third Quarter, 2014 Investment Review

Tuesday, October 7th, 2014


“I not only use the brains I have, but all I can borrow.” – Woodrow Wilson

Forecasts can be helpful in planning our lives and investing our money but can also lead to indecision, paralysis, missed opportunities, and gasp, even over packing. Weather forecasts are notorious for their error rate but who doesn’t check them before heading on a trip? (more…)