All Posts By

Penobscot Financial Advisors

2020 Q1 Commentary

By | Market Commentary, News

Market Review The world’s economies and stock markets have been rocked by the spread of COVID-19. Investors’ fears prompted a major sell-off in February and March, plunging stocks well below their 2019 closing marks. Nevertheless, 2020 started off in a positive way. Following a strong 2019, stocks were slow to…

Read More

What drives stock prices?

By | PFA Ponderings

I was on a finance committee meeting the other day with a non-profit board I sit on, when one of the other committee members looked at the investment portfolio and declared:  “Why are they invested 25% in international stocks?”  My retort was: “Is there a reason they shouldn’t be?”   His…

Read More