2020 began with global markets for stocks and other risky assets priced for Global equity markets woke up to the economic risks posed by the coronavirus outbreak, with the S&P 500 declining over 10% from its peak through yesterday. Foreign stocks fared slightly better with

Expansions do not die of old age – they get murdered. paraphrase of a 2019 exchange between former Fed Chairs Janet Yellen and Ben Bernanke The outbreak of a new coronavirus in China poses risks to the rosy economic and market outlook that dominated at

Comstock has advocated for the creation of Family Advisory Councils for years because we know the benefits that come to our client families when advisors and family members are connected, communicating about what’s going on today as well as preparing the future generations.  Click here

Our CEO, Alison Comstock Moss, was quoted in the NY Times and thought you might be interested in reading the article: https://www.nytimes.com/2019/11/06/your-money/financial-talk-family.html Paul Sullivan at the Times did a nice job highlighting the importance of communication and education with client families to preserve portfolios and

Stock market declines tend to trigger discussions of hedging by clients and in the financial press.  Often the media presents hedging as a viable way for investors to protect their portfolios, which very rarely is the case. Hedging a portfolio simply means reducing equity exposure. 

On September 21, the largest reorganization of GICS Industry Sector classification will take place. GICS – the Global Industry Classification Standard – is a joint venture between Standard & Poor’s and MSCI that defines sectors and industries and classifies individual stocks to them. The impetus

Paraphrasing from the classic Frank Zappa quote about Jazz, it has been a tough year for cryptocurrencies.  Bitcoin has shed over two thirds of its value after reaching a peak price of $19K last year.  Other cryptocurrencies, such as Etherium, suffered even worse losses.  However,

Yesterday, August 2, Energy Transfer Partners (ETP) announced an expected consolidation with its general partner, Energy Transfer Equity (ETE). Energy Transfer was the largest remaining MLP that had not eliminated its general partner and the associated Incentive Distribution Rights (IDRs). IDRs give ETE, the general