Condor Capital Management

Explore: Our Thoughts on the Recent Market Weakness

Our Thoughts on the Recent Market Weakness

Our Thoughts on the Recent Market Weakness

I wanted to take a minute to address the most recent bout of volatility in the market.  Before addressing the causes for the recent downturn and providing our thoughts, it’s important to remind investors of the benefits of having a diversified portfolio.  Different areas of the market will outperform at different times and it can be tempting to wonder, why bother holding asset classes that are not performing as well as others at any given time?  The reason is that changes in the market happen quickly, much more quickly than changes in the economy and much more often.  In fact, since 1980 the average annual intra-year drop for the S&P 500 is 13.8%, yet the Index has rebounded to finish the year positive in 29 of the 38 years analyzed and averaged an annual gain of 8.8%.

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Fit Travel to Personality

Fit Travel to Personality

Where should you go on your next vacation trip?  Your satisfaction and enjoyment level may depend on who you are, according to psychologist Joshua Jackson, associate professor at Washington University in St. Louis.  He identifies five core personality types—extraversion, agreeableness, conscientiousness, neuroticism and openness.  And then he identifies a great potential vacation destination for people with each personality trait.

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Rising Interest Rates & the Market

Interest

Today’s relatively sharp market sell-off is generating a lot of discussion around the impact of rising interest rates on financial markets. Although there are legitimate concerns that the Federal Reserve’s interest rate increases could reduce demand for relatively riskier asset classes like stocks and slow the economy more than expected, it is our view that these concerns are outweighed by other, more positive factors. Our outlook is rooted in the continuing underlying corporate and economic strength domestically, as well as a longer-term contextual view of why interest rates are rising in the first place.

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The Irreplaceable Formula

The Irreplaceable Formula

A roundtable of prominent CEOs was asked an intriguing question: what makes an irreplaceable employee?  How would you describe this person?  You might think their answer would cite extraordinary skills, a great educational background or industry certifications.  But instead, the CEOs listed three different attributes:

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