Hello, my name is Kirk Spano. I am the founder of Bluemound Asset Management, LLC. My goal is to help you navigate a rapidly changing world so that you can protect and grow your financial freedom.
Today’s global economy and financial markets are experiencing seismic volatility. As I have dubbed it in the media,“slow growth forever,” is the new normal.
Over the coming decades, we will continue to see the global economy evolve in fits and bursts. While change can be scary, smart risk management can help us embrace the long-term opportunities.
Browse this site and learn about my approach. Then, contact me today, to talk about your goals, before the rush during the next inevitable bear market.
Happy New Year! For me I am glad to see 2015 go. I had a heart injury, a house fire and have been early on several stock picks. Such is life. I survived, nobody got hurt in the fire, I’m back in my house and early doesn’t usually mean wrong if you are patient.
This is very important reading in my opinion, so please get a beverage and hunker down for a half hour. At least one topic I’m going to cover could spawn a book, but I will keep it as short as possible.
A Stealth Bear Market
In an article I published on MarketWatch on September 23rd, I declared that “The Bear Market Has Begun.”
That article garnered a six figure readership (10-20k is normal) and hundreds of comments. I got the typical responses from indexers who never sell (which is a fine concept if your time frame really is 20 years) to traders who wanted to goose the market higher (it did rally in October) to emotional investors looking for answers they won’t accept (a rational answer doesn’t satisfy an irrational emotion) to conspiracy theories about the financial system, government, industry, aliens, whatever (I’m sure there are some, but not what you think, otherwise it wouldn’t be a conspiracy).
The point of the article was that we were unlikely to have a financial crash or an economic collapse, but that we would get a “normal bear market” with the S&P 500 falling around 30% from its high. I suggested that index could fall to as low as 1200, although I think 1600ish is much more likely.
People have a hard time differentiating between the occurrences I mention above. Many folks think a financial crash, an economic collapse and a bear market are all interchangeable terms relating to the same thing. They are not. Here are my short hand definitions:
Bluemound Asset Management, LLC is a fee-only Wisconsin Registered Investment Advisor • 855–445-4321
Kirk Spano works with clients throughout Wisconsin, as well as, accepts clients nationally.
All information herein has been prepared solely for informational purposes, contains no guarantees of any kind and is not an offer of case specific advice. Opinions subject to change.