Daily Archives: December 8, 2015

December Investment Comments

After a volatile summer, better recent economic data has helped the market bounce back from its August correction.  Year-to-date the S&P 500 is now in positive territory, rising 2.7% through October.  Why has the market been so soft this year?  One simple word: earnings. With 93% of S&P 500 companies […]

Simple, but not Easy

Investing is “simple, but not easy.” That describes much of our work here at Provident. We spend our days looking for great companies trading at fair prices. Then we watch our clients’ stocks go up as the underlying earnings increase. What could be simpler? Inevitably, some things don’t go as […]