Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   I was pheasant hunting in South Dakota with my boys this last weekend, and we frequently found ourselves on roads with deep mud holes. If it weren’t for our four-wheel drive, we would have been in a mess. Broadening traction is good for mud and even better for the market. Right now, the market advance is expanding across multiple sectors, which is a big positive.   Markets have re

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   The neighboring town near where I grew up has an old Missouri Pacific railroad roundhouse. It was already out of use when I was a boy, but it still fascinated me that big steam engines would be driven onto a turntable and rotated around to change directions. There are more tracks today, so it’s easier to turn trains around, but changing directions is still a big deal, maybe even m

There is wisdom in having international holdings in your portfolio. It gives you diversification because global stocks and other governments are not in lockstep with the U.S.

These single-stock varieties have become popular among investors who tend to be gamblers. They have the potential for high returns but also huge losses.

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   I was recently speaking with one of my best friends, who is a pilot, about flight turbulence. He said there are two kinds of turbulence: natural turbulence caused by weather (wind) and pilot-induced turbulence, which happens when a pilot makes a mistake.   We are beginning to see some increased turbulence (market volatility), but is it a change to overall maket conditions or is it

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   I read recently that a young Australian Shepherd dog was missing after a traffic accident, and everyone was to be on the lookout. Though he was a pet, his breed's original job was to herd sheep. Another great shepherding tool was the use of a bellwether, where the farmer put a bell around the neck of the lead sheep, causing the rest of the flock to stay grouped around him.    Inve

The Fed sets the overnight banking rate, which is used as a baseline for other loans, but is not used for mortgage rates.

It was the kind of milestone that made both politicians and investors consider the fiscal health of the world’s leading economies, and they probably didn’t like what they saw.

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   Tariffs have become a pawn in America’s...

On Tuesday, August 19, the Nasdaq Composite, the U.S. stock market's main technology index, had its biggest loss in weeks.

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   My daughter and her husband were on a...

While the numbers are encouraging, investors are primarily focused on forward-looking guidance from company leadership to measure their ability to navigate the next few months.

The Japan deal came on the heels of two other deals with Indonesia and the Philippines. The Indonesia deal alone increases the Indonesia tariff payments from last year's $1 billion to just over $7 billion.

The strength of the market proves yet again that the fundamentals of the U.S. economy and corporate America can withstand a lot.

There has been no shortage of market challenges in the first half of this year.

In February 2022, just a few days after telling the U.S. government that it would stop sharing sensitive technology with its Chinese partners linked to the Chinese military...

Despite May's reputation for negative performance, the past May saw U.S. stocks experience strong gains.

Investors and retailers worldwide received some encouraging news following the recent meeting between the U.S. and China.

The industry's “Big 4” S&P 500 Homebuilding Index (D.R. Horton, Lennar Corp, PulteGroup Inc., and NVR Inc.) has seen its stocks drop 34% from its October 2024 peak...