by Leo Belmonte | Aug 16, 2022 | Leo's Blog
I wanted to provide a few updates as it relates to the markets and Security Financial. As a reminder, the stock market is a leading indicator. Namely what occurs in the stock market is a signal of what lies ahead for the economy. Therefore, when we see the stock...
by Leo Belmonte | Jan 31, 2019 | Leo's Blog
Everyone knows how to win. Few know how to lose. Yet the secret to making money in the various markets is knowing how to lose and how to control your losses. In the book Warren Buffet calls the best book ever written on investing, namely Benjamin Graham’s THE...
by Leo Belmonte | Jan 11, 2019 | Leo's Blog
It looks like 2018 will be the first year since 2008 where all the major indices are negative for the year. Since 2008 we had an upward trajectory in the market with no recession since the Great Recession of 2008-09. We are now showing signs of a late-cycle market...
by Leo Belmonte | May 18, 2018 | Leo's Blog
2018 marks year #10 since our last global market downturn. To place this into context, historically a market correction-recession typically happens every 5-6 years. As you can appreciate we are well beyond those statistics which leads me to believe we are closer to...
by Securityfinancial | Jan 26, 2017 | Leo's Blog
With the U.S inauguration officially behind us, and President Trump now in the White House, I thought I would send you a list of his major campaign promises as a recap: · Undertake fiscal stimulus measures · Reform the tax system · Repatriate offshore profits ·...