A Fool's Errand - 1st Quarter 2018 Commentary

As Yogi Berra famously quipped, “It’s tough to make predictions, especially about the future.” Nowhere is this truer than in the stock and bond markets around the world. It is a fool’s errand to make bold market predictions, but here we are at the beginning of 2018 and, as usual, economists, market pundits and fortune tellers alike are offering their best guesses for the next 12 months.

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Clouds over Trump tax plan may curb appetite for U.S. stocks

Wall Street has tempered its expectations for sweeping U.S. tax cuts in the wake of President Donald Trump's stinging healthcare defeat, a move that could push investors to embrace cheaper global stocks after the heady U.S. rally of recent months.



Sierra Group of Companies Reaches over $3 Billion in Assets

The firm has experienced rapid growth over the last two years

Santa Monica, CA (February 13, 2018) – The Sierra Group of Companies ("Sierra") is proud to announce that as of 12/31/17, the firm has reached over three billion dollars in combined assets under management and assets under advisement.

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Wright: For 10% Bond Returns, Look to Munis

Barron's Video| 3.28.2017

It's time to take profits in high-yield corporate bonds and buy high-yield municipals, says Sierra Strategic Income Fund co-manager David Wright.

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