Who is Newbury?
Newbury Capital Management is a privately held investment advisory and wealth management firm created to service the needs of high net worth individuals/families and institutional investors. Through an unwavering focus on risk management, unbiased portfolio construction, and intelligent planning, Newbury helps investors plot a roadmap to financial success – both today and for the future.
At Newbury Capital Management, we treat our clients with courtesy and integrity. We provide honest financial advice backed by our years of experience and proven track record. We strive to earn our clients' trust in every aspect of the advisory relationship. We use leading technologies to ensure instant access to the financial world. Our commitment is to provide the highest level of satisfaction in your investment advisory and wealth management experience with our firm.
Thanksgiving week should be a quiet week in the markets. Q3 earnings are essentially over and the results were good. +5.7% growth over Q3 2012, with 67% of the reporting companies beating estimates. Growth is actually +8.3% if you factor out JPMorgan's extraordinary charge.
Q4 2013 estimates are coming down a bit, but expected to be a healthy 8% above last year's Q4. Look for markets to grind higher, with occasional bouts of profit taking.
Keep your offensive team on the field. Be sure to mix some veggies onto your Thanksgiving plate, and save some room for pie. Happy Thanksgiving!