In this quarterly report, Dr. Mark Pyles, Walter Todd, and John Wiseman discuss the stock and bond markets and the economic…
3Q 2022 Market Commentary
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Commentary
Timely Information on Investment Markets and Financial Planning.
3Q 2022 Letter from the CIO
As we turn our attention to financial markets and the economy, I’ll paraphrase a quote from the Queen’s 1992 speech…
Cloudy with a Chance of Rising Rates
Market Update from Walter Todd
The current stock market volatility is causing many investors to question what is forecasted for the economy as we head…
Where Do We Go From Here?
Market Update from Walter Todd
If the market is anticipating a recession, why are stocks rallying? Is there more volatility anticipated in the third…
Earnings in Focus: Walter Todd on Bloomberg Daybreak Europe
Walter Todd on Bloomberg Daybreak: Europe Walter Todd, President and CIO at Greenwood Capital, was featured on Bloomberg Daybreak: Europe early Tuesday morning. He answered questions revolving around bank earnings, including Goldman Sachs CEO David Solomon's recent...
Rallies and Headwinds: Walter Todd on Bloomberg Daybreak Asia
Walter Todd on Bloomberg Daybreak: Asia In an early start to the week, Walter Todd, President and CIO at Greenwood Capital, joined Doug Krizner and David Ingles on Bloomberg Daybreak: Asia on Sunday night. Their discussion included the market rally before the Friday...
Bloomberg Radio: Market Update
Walter Todd on Bloomberg Radio: Drive to the Close Walter Todd, President and CIO at Greenwood Capital, joined Carol Massar and Tim Stenovec on Bloomberg Radio's Drive to the Close on Thursday evening. He discussed the recent market activity, including the possibility...
2Q 2022 Letter from the CIO
July 6, 2022 Let me start by saying I hope that you and yours were able to enjoy July 4th and the long weekend. There has been no shortage of turmoil in and out of financial markets this year, but hopefully you were able to spend some time with friends and family. The...
2Q 2022 Market Commentary
Economic Overview By Dr. Mark Pyles The second quarter of 2022 began with some degree of optimism. Financial markets sprinted to the finish to end the first quarter, driven in large part by the belief that inflation was either at or very near peak levels and would...
Bloomberg Triple Take: Federal Stress Tests
Walter Todd on Bloomberg Markets: Triple Take Walter Todd, President and CIO at Greenwood Capital joins the Bloomberg Triple Take team to discuss the bank stress test results from three different angles after the closing bell on Wall Street. Walter's section starts at...
Feelin’ Hot, Hot, Hot
Heat on the Federal Reserve Similar to the triple digit temperatures that we are seeing in South Carolina this week, markets are putting the heat on the Federal Reserve (Fed). More so, to continue the analogy, it is not just the temperature itself that is the source...
Highway to the Danger Zone
This line from Kenny Loggins's Top Gun theme song, released in 1986, feels like an appropriate description of the market this year. I could not resist the connection with Top Gun 2: Maverick coming out this Friday, finally after a two-year delay in release. Coming...
Double Whammy – Stock AND Bonds Down? What gives?
Year to date has been a very rough start for the equity markets. Adding to the pain is the fact that bond prices are also down sharply, and in some instances more than equities. The S&P 500 is down 12% and the Aggregate Bond index is down 10% since the beginning...
Market Commentary May 2, 2022 with Walter Todd: Bond and Equity Markets
In our May 2022 market commentary Walter Todd talks about the factors impacting the bond and equities markets the past few weeks, and what the outlook could be headed into the summer. Factors we are monitoring at Greenwood Capital included Europe, including...
First Quarter 2022 Letter From the CIO
Where to begin? First, as always, I hope this letter finds you safe and healthy. I know we sometimes take that for granted, particularly in the US, but it seems particularly relevant to ask given the humanitarian crisis unfolding overseas with the war in Ukraine. We...
Market Commentary: First Quarter 2022 Economic Outlook
The US economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back from the brief 2020 recession. However, looking forward, to quote the prominent economist Ed Hyman, we are in “Unprecedented Times” and furthermore, for the future of...
Your Investing Questions Answered by Walter Todd III
Walter Todd, President and Chief Investment Officer, takes a moment to answer your questions. He reached out to clients and let them ask their burning questions and he answers them in the video below. Greenwood Capital is an SEC-registered investment advisory firm....
Russia Invading Ukraine – Global Response and Financial Warfare
There are decades where nothing happens and then there are weeks where decades happen.” Ironically, this quote is attributed to Vladimir Lenin. I used this quote back in March of 2020 at the outbreak of Covid and I believe it seems appropriate now given what we are...
Russian Invasion of Ukraine
Market Update from Walter Todd
In light of the breaking news this morning, Walter Todd discusses how these geopolitical movements are affecting the equity market. https://player.vimeo.com/681552218/a7a5442d9c Greenwood Capital is an SEC-registered investment advisory firm. This material has been...
Understanding Volatility and Your Plan
When it comes to investments, understanding what inning of the game you are in is important. If you have turned on the news or checked your investment account balances in the past 3 weeks, you may have felt a wave of anxiety. Although recent headlines such as, 7%...
– New Year Volatility –
Market Update from Walter Todd
As he anticipated in the last quarterly letter, the equity market in 2022 has already begun to keep investors on their toes. Walter Todd, President and Chief Investment Officer, discusses the factors impacting that recent volatility such as the Omicron variant, the...
4Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Milton Friedman (deceased) a renowned economist that served on the faculty of the University of Chicago wrote in his classic book The Monetary History of the United States that “Inflation is always and everywhere a monetary...
4Q 2021 Letter from the CIO
January 7, 2022 I hope this letter finds you safe and healthy and that you were able to enjoy some time with loved ones over the holiday season. I don’t know about you, but if I never hear another letter in the Greek alphabet, that would be just fine with me....
Market Update from Walter Todd Dec. 21, 2021
Happy Holidays from Greenwood Capital! Walter Todd, President and Chief Investment Officer, takes a moment to share some market insights as we wrap up the year. He discusses recent news such as the Omicron variant and the recent set back for the Build Back Better...
Market Update from Walter Todd
Nov. 24, 2021
Happy Thanksgiving from Greenwood Capital! Walter Todd, President and Chief Investment Officer takes a moment to share some market insights before the holiday. He addresses third quarter earnings and improvements in supply chain disruptions. He discusses the...
Preparing for the Inevitable: A Proactive Approach to End-of-Life Financial Decisions
The loss of a loved one, especially a spouse, is always a challenging time. To protect and care for those you love most, it’s crucial to take a proactive approach to financial planning, ensuring your loved ones are prepared when the time comes. In this video, Melissa...
3Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Perception about the economy changed during the latter part of the third quarter. The quarter began on a positive note with the virus waning, and businesses and industries were reopening, adding jobs, and looking for employees....
3Q 2021 Letter from the CIO
October 11, 2021 I’m going to start this letter with a scary thought – there are less than 80 shopping days left till Christmas. Yikes! Worse yet, with the supply chain disruptions getting worse, there may be far fewer days than that if you want to find many goods in...
Market Update from Walter Todd
Sept. 22, 2021
Overview Walter Todd, President and Chief Investment Officer shares insights into the macroeconomic forces being monitored by the Investment Team heading into 4th quarter. These include potential market risk if a Chinese real estate developer (Ever Grand) defaults, DC...
Bloomberg: Sector Rotation & Impending Fed Tapering (Podcast)
Walter Todd on Bloomberg's Drive to the Close Walter Todd, President and CIO at Greenwood Capital, discusses the markets and investing with Carol Massar and Tim Stenovec. He covers the ongoing expected impact on the market from COVID-19 and what he is seeing in...
2Q 2021 Letter from the CIO
July 7, 2021 Fifty is the new thirty-five. At least that is what I am saying after Phil Mickelson became the first 50-year old player to win a major championship when he won the PGA Championship at Kiawah Island in May. Of course, the fact that I also turned 50 in May...
2Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Last fall, Chairman Powell of the Federal Reserve (Fed) indicated that the pace of the economic recovery was highly dependent upon the pace of the virus and the acceptance of a vaccine. Since then, several vaccines have been...
Market Update from Walter Todd
June 10, 2021
Overview Walter Todd, President & CIO, takes a moment to discuss inflation and the elevated consumer price index numbers. He explains the Federal Reserve's decision not to raise interest rates and whether we are looking at transitory or sustained inflation in the...
Market Update from Walter Todd
May 4, 2021
Overview Walter Todd, President & CIO, provides an update on the current economic market. He discusses the historically high earnings season and proposed government spending, including the Jobs Act and American Family Plan. He also provides insight on inflation...
1Q 2021 Letter from the CIO
April 7, 2020 I had to start this letter with the picture of the massive tanker, Ever Given (yes that is the ship’s name, not Evergreen). What a fitting image of a full-size excavator that looks like a Tonka toy next to this ship trying to free it from the bank of the...
1Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Stuck in the grip of the pandemic, the US economy, as measured by GDP (Gross Domestic Product), declined by 2.4% in 2020. Growth moderated in the fourth quarter following a rebound of 33.4% in the third quarter. The resurgence of...
