Search

After a strong start to the year, the equity markets turned ugly in February and March, snapping a..

Volume 1, Issue 79 • Spring 2018


“The future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values."

Warren Buffett


After a strong start to the year, the equity markets turned ugly in February and March, snapping a nine-quarter winning streak. A pull back in technology shares, rising trade tensions and fears over higher interest rates and inflation led to a return in market volatility and the downturn in prices. After making a high in January, stocks (as measured by the S&P 500) declined by 10.1%, rallied back 8% by early March, then suffered another 5% decline before bouncing slightly at quarter end.


Read full newsletter here.


© 2019 Jolley Asset Management, LLC.  Website by Rivertowns Marketing

​

Photo of Tar River Falls by Gerry Brabham.  Photo of JAM team and Rocky Mount by Dr. Carl Lewis, professor at North Carolina Wesleyan College.

​

Disclosure Statement: This website, www.jolleyasset.com, is owned and operated by Jolley Asset Management, LLC. (“JAM”). JAM offers investment advisory services and is registered with the U.S. Securities and Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of the advisory firm by the SEC nor does it indicate that the advisory firm has attained a particular level of skill or ability. All content available on this Website is general in nature, not directed or tailored to any particular person, and is for informational purposes only. Neither the Website nor any of its content is offered as investment advice and should not be deemed as investment advice or a recommendation to purchase or sell any specific security. The information contained herein reflects the opinions and projections of JAM as of the date hereof, which are subject to change without notice at any time. JAM does not represent that any opinion or projection will be realized. JAM nor any of its advisers, officers, directors, or affiliates represents that the information presented on this Website is accurate, current, or complete, and such information is subject to change without notice. Any performance information must be considered in conjunction with applicable disclosures. Past performance is not a guarantee of future results. Neither this Website nor its contents should be construed as legal, tax, or other advice. Individuals are urged to consult with their own tax or legal advisers before entering into any advisory contract.

More information about Jolley Asset Management's investment advisory services can be found in its Form ADV Part 2, which is available upon request. 

​

Jolley Asset Management, LLC claims compliance with the Global Investment Performance Standards. Jolley Asset Management, LLC is defined for GIPS purposes as an independent registered investment adviser with the Securities and Exchange Commission. A complete compliant performance presentation and a list of the firm’s composite descriptions can be obtained by calling our office at (252)451-1450.

​

Terms and Conditions - Thank you for your interest in Jolley Asset Management, LLC. Please read these Terms and Conditions carefully ("Terms") before using this web site ("Site"). Your use of the Site constitutes your acceptance of these Terms.

 

Modification and Monitoring of the Site: Jolley Asset Management, LLC reserves the right, at our discretion, to change, modify, add, or remove portions of these Terms at any time. We suggest that you check these Terms periodically for changes. The Terms can be accessed from the link at the bottom of our web site pages. If you use the Site after we post changes to the Terms, you accept the changes. Jolley Asset Management, LLC reserves the right to monitor any and all use of this Site to enhance the overall experience of our web site visitors.

​

Third Party Content: Jolley Asset Management, LLC is in no way responsible for the content of any web site owned by a third party that may be linked to the Site via hyperlink, whether such hyperlink is provided by Jolley Asset Management, LLC or a third party.

 

In addition, Jolley Asset Management, LLC may provide hyperlinks to other web sites on the World Wide Web for your convenience in locating investment-related or other information and services. No judgment or warranty is made with respect to the accuracy, timeliness, or suitability of the content of any third party web site to which Jolley Asset Management, LLC may link, including information on the web site regarding Jolley Asset Management, LLC. By providing access to other web sites, Jolley Asset Management, LLC is not recommending the purchase or sale of a security issued by any company, nor is it endorsing products or services provided by the sponsor of any third party web site.

 

In addition, Jolley Asset Management, LLC is not responsible for content that appears on the Site that may be provided by a third party, including the content of any article reprints and any hyperlinks therein. Please link with caution.

 

Jolley Asset Management, LLC intends that the information contained on the Site is accurate and reliable, however, errors sometimes occur. Jolley Asset Management, LLC does not warrant that the information contained on the Site will be uninterrupted or error-free, that defects will be corrected, or that this Site or the services that make it available are free from viruses or harmful components.

​

*This sample is provided for illustrative purposes only and is not necessarily indicative of the composition of a particular client's investment portfolio or the performance of that portfolio.  Each client's investment portfolio will vary as to its holdings and the performance of those holdings based upon the client’s particular investment goals and objectives. This is not a recommendation to buy or sell any security. A complete list of current holdings and all recommendations from the past 12 months are available upon request. 

​