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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Reuters

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.

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6421-NLD-3/30/2017


Barron's Names David Wright of The Sierra Group to 2017 "Top 100 Independent Financial Advisors" Rankings

The Managing Director and Co-founder lands on list for third consecutive year

SANTA MONICA, CA (September 20, 2017) -- The Sierra Group of Companies today announced that managing director and co-founder David Wright has been named to Barron's Top 100 Independent Financial Advisors for the third consecutive year. Mr. Wright and Sierra are ranked 23rd out of 100, up from 42nd in 2016 and 56th in 2015. The Barron's rankings formula is based on three general categories: assets. revenue, and quality of practice as of June 30, 2017.

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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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