Entries by Ryan Hughes

U.S. Consumers – The Last Line of Defense


It is well known that there is considerable concern for the global economy. Red flags are flying high: credit spreads have widened, China is slowing down, inflation levels are almost nonexistent, corporate earnings have stalled, and developed economies are adopting negative interest policies. The fear here in the United States is that the global slowdown will eventually impact...

2016 Five Star Wealth Manager Award


For this week's newsletter, I talk about winning a wealth manager award and fiduciary responsibility. 2016 Five Star Wealth Manager Ryan Hughes was recently named a 2016 Five Star Wealth Manager in San Diego. Ryan is the Founder and Portfolio Manager at Bull Oak Capital, an independent advisory firm that provides financial planning and portfolio management services...

First Week Was Worst Week


The first week of January was the worst on record. The S&P 500 index fell by -5.96% to close at 1922. The index is now back in September 2015 trading territory. It was an brutal week, no doubt about it. However, if you're my client, then you know that this decline did not catch me...

2016 Market Outlook


This is the time of the year when economists make their 2016 market projections. Of course, these projections are notoriously off-base. At the start of 2015, economists predicted where they thought the S&P 500 would close on Dec 31, 2015. Here a summary of their predictions (Barron's): 2015 Lowest Target Estimate: 2100 (0.9% gain) 2015 Mean Target...

Who Is Martin Shkreli?


If the name Martin Shkreli doesn't ring a bell, you've probably heard of him via his reputation. The 32 year-old is perhaps the most famous pharmaceutical price gouger in history. His company purchased an out-of-patent medicine, Daraprim, and raised the price of the life-saving drug in September from $13.50 per pill to $750 per pill, a 5,455%...

Will Oil Lead Us Down?


Oil has dominated headlines recently. The single most important commodity on the planet has been under significant pressure lately. If this doesn't tell you that something is wrong with the global economy, then I don't know what can. This drop can be attributed to a stronger US dollar, slowing global demand, and ever-increasing supply from...