Debt Deadlines, Defaults and Downgrades


May 16 The debt ceiling is making news again. Will Congress raise it? Will the U.S. make history by defaulting on our government debt? If it seems like this a story you’ve heard before, that’s because it is. Over the past decade, there have been seven occasions where we’ve seen negotiations (or lack thereof) over [...]

Debt Deadlines, Defaults and Downgrades2023-05-22T19:12:53+00:00

May Market Commentary: The End of a Fed Cycle?


May 05 April Recap and May Outlook The biggest news in the Fed’s statement after their meeting on May 3 was what it didn’t say. The Fed’s statement from March contained the language “the Committee anticipates that some additional policy firming may be appropriate” for the Fed to achieve its 2% inflation goal.” This was [...]

May Market Commentary: The End of a Fed Cycle?2023-05-08T21:38:24+00:00

Financial Capability Beyond April


Apr 17 April is Financial Capability Month, an initiative that started in 2004 as “Financial Literacy” and has evolved over the last 20 years. The rebrand reflects a trend of taking a more active approach to finances and a focus on having more control over decision-making as you move through your financial journey. As you [...]

Financial Capability Beyond April2023-04-24T14:40:53+00:00

April Market Commentary: All’s Well That Ends Well? Not So Fast…


Apr 06 March Recap and April Outlook Equity markets, using the S&P 500 index return as a proxy, at first glance appear to have shrugged off the mid-month drama of multiple domestic, regional bank failures and the forced sale of a massive Swiss bank. Attention was temporarily diverted from the economy’s star attractions, CPI and [...]

April Market Commentary: All’s Well That Ends Well? Not So Fast…2023-04-06T21:45:37+00:00

March Madness: Non-Basketball Edition


The monthly Fed/CPI/Employment headline-market movement industrial complex was rudely shouldered aside in the last week by a much bigger and faster-moving story. While the fallout from bank failures will take a while to unravel, and the impact on markets will likely be ongoing, the bigger picture wraps right back to the Federal Reserve. But first, [...]

March Madness: Non-Basketball Edition2023-03-28T14:59:02+00:00

March Market Commentary: Why Aren’t Rate Hikes Working?


Mar 07 February Recap and March Outlook If there’s an aphorism for February that you could embroider on a pillow, it would be, “The more things change, the more they remain the same.” Markets appear to have finally started taking Federal Reserve Chairman Jerome Powell’s warnings seriously and caught up to the rhetoric that the [...]

March Market Commentary: Why Aren’t Rate Hikes Working?2023-03-08T19:37:52+00:00

February Market Commentary: Powell’s Not Done


Feb 04 January Recap and February Outlook The market adage is “as January goes, so goes the year.” Is it true? According to an analysis by Fidelity, January returns are positive about 75% of the time the full year turns out positive. The rally was certainly a relief after last year’s dismal performance, and while [...]

February Market Commentary: Powell’s Not Done2023-02-09T15:29:27+00:00

Recession, Recovery, or Both?


Jan 22 The markets are starting to feel like Groundhog Day. Almost every month, it’s a cadence of employment numbers, CPI, Fed  — market reacts. With inflation starting to trend down, even if only slightly, optimism has been making a comeback. That means moving our analogy to another charming rodent. It seems like the Fed [...]

Recession, Recovery, or Both?2023-02-01T21:58:38+00:00

The SECURE 2.0 Act Has Created Some Retirement Planning Opportunities: RMD Edition


Jan 01 The SECURE 2.0 Act of 2022 makes it easier to accumulate retirement savings at every stage of the financial journey. But the Act also took steps to potentially enhance retirement savings for those close to or in retirement. Required minimum distributions (RMDs) can be burdensome from both an income and a tax planning [...]

The SECURE 2.0 Act Has Created Some Retirement Planning Opportunities: RMD Edition2023-01-25T15:20:19+00:00

Tuning Up Your Portfolio for 2023


The combination of high inflation, the Federal Reserve’s aggressive program of rate increases, and economic and geopolitical uncertainty has meant volatile markets and the vanishing of traditional sources of portfolio diversification. Progress has been made, but as the new year unfolds, it will bring additional challenges, including a potential recession. How will that affect financial [...]

Tuning Up Your Portfolio for 20232022-12-22T15:18:24+00:00

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