Posts by JMG Financial Group
JMG Announces New Principal
We are pleased to announce that Chloe Fakhouri has been promoted to Principal at JMG Financial Group. Chloe has been instrumental to the recent growth of the firm. “I’m incredibly grateful for this next step in my journey and for being part of a firm that has curated a culture that invests in its people…
Read MoreKey Issues Shaping Markets in Late 2025
INVESTMENT COMMITTEE COMMENTARY August 2025 U.S. stocks enjoyed a notable month in August with the S&P 500 and Dow indexes reaching record highs. Wall Street’s performance was largely driven by strong corporate earnings (particularly in technology), an improved trade outlook and continued economic resilience. The information technology sector was the primary driver of the market’s…
Read MoreJMG’s Investment Process, Designed Around You (Part 2 – Portfolio Design)
By Bill German, Chief Investment Officer, Principal, CFP® and John White, Principal, CFA, CFP® This article is the second in a four-part series. In the previous article we discussed the overall investment process and the first step in the process, Client Analysis. Today we will discuss the second step in our process, Portfolio Design, in which your advisor, with guidance…
Read MoreStablecoin Digital Currency Update
INVESTMENT COMMITTEE COMMENTARY July 2025 The economy remained resilient while some signs of weakening appeared in July economic data points. The stock market continued its upward trend from the second quarter, albeit with some volatility. Both the S&P 500 and the NASDAQ reached record highs in July, buoyed by strong corporate earnings and positive sentiment. For…
Read MoreMid-Year Commentary
INVESTMENT COMMITTEE COMMENTARY June 2025 Wall Street has come a long way from its April sell-off as investor optimism over trade agreements and events in the Middle East helped lift stocks to record highs. Led by large cap growth companies, the S&P 500 had strong June performance, up 5.1%. Foreign developed and emerging markets stocks also rose…
Read MoreJMG’s Investment Process, Designed Around You (Part 1 – Client Analysis)
By Bill German, Chief Investment Officer, Principal, CFP® and John White, Principal, CFA, CFP® Clients and prospects often want to better understand how JMG will invest their money. What they often don’t realize is how complex this question really is. Today’s article is the first of a four-part series which we hope to provide some insight into…
Read MoreTariff Update
INVESTMENT COMMITTEE COMMENTARY April 2025 U.S. equities experienced continued volatility in April as tariffs announced by President Trump on April 2nd led to policy uncertainty and trade wars. Intraday and daily volatility also increased on worries that Fed Chair Jerome Powell might be replaced by the president and by concerning news on economic growth, inflation,…
Read MoreTariff Announcements
With the recent market volatility and economic uncertainty following the tariff announcements, we first want to address these recent events before providing the March 2025 market review. Tariff Announcements Stocks begin the second quarter of 2025 following the worst quarterly performance in nearly three years. After President Trump’s tariff announcements on April 2nd of a…
Read MoreMarket Rotation?
INVESTMENT COMMITTEE COMMENTARY February 2025 After posting strong returns in January, U.S. stock indexes fell back in February. Investors worried about lower economic growth potentially coming from tariffs, inflation, and rising geopolitical tensions. However, foreign developed and emerging market equities and U.S. real estate investment trusts (REITs) had positive returns for the month. Uncertain U.S.…
Read MoreTariffs
INVESTMENT COMMITTEE COMMENTARY January 2025 Equities opened the year higher as market optimism carried into 2025. For context, the S&P 500 just finished the best two-year performance period since 1997-1998 with a total return of greater than 25% for each of the last two years. While positive investor sentiment continues, another strong year for the…
Read More