Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes


October 2019 Monthly Insight – The Economy Amidst Political Drama

Posted by on Tuesday, October 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Wealth Management | 0 comments

“Markets typically like gridlock in D.C.” –Joseph Song, U.S. economist at Bank of America Merrill Lynch Headlines On September 24, Speaker of the U.S. House of Representatives, Nancy Pelosi, officially called for an impeachment inquiry into President Trump. Although recent economic indicators have stoked fear of a weakening U.S. economy, it appears that investors aren’t worried the impeachment inquiry against President Donald Trump will tank markets. Political drama seldom alters economic fundamentals. But it can influence...

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September 2019 Monthly Insight – Economic Trees

Posted by on Sunday, September 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Uncategorized, Wealth Management | 0 comments

“Come to the woods, for here is rest. There is no repose like that of the green deep woods. Sleep in forgetfulness of all ill.” -John Muir, advocate for the preservation of wilderness in the U.S. known as the “Father of the National Parks The Economy On July 31, the Federal Reserve reduced the fed funds rate by ¼% to a target rate of 2.00 to 2.25%. It was the first rate cut since the financial crisis. Going forward, guidance was vague. While Chairman Powell left the door open to at least one more rate cut, it’s not assured. The...

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August 2019 Monthly Insight – How Long Do You Plan To Live?

Posted by on Thursday, August 1st, 2019 in Estate Planning, Investing, Monthly Insights, Personal Finance, Retirement, Uncategorized, Wealth Management | 0 comments

“The oldest old—people age 85 or older—constitute the fastest growing segment of the U.S. population… And living to 100 is becoming increasingly commonplace.” – National Institute of Aging, U.S. Department of Health & Human Services A large majority of you, our clients, are retired or within a few years of retirement.  Further, those who are nearing retirement are looking forward to 30+ years of retirement.  In other words, we must plan for ever-increasing costs of essentials, travel, and healthcare over a 30-year period. One...

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July 2019 Monthly Insight – Record Setting Markets, U.S.-China Trade, and more!

Posted by on Monday, July 1st, 2019 in Business, Investing, Market and Economic Updates, Monthly Insights, Wealth Management | 0 comments

“It’s tough to make predictions, especially about the future.” ― Yogi Berra, Major League Baseball player, manager, and Baseball Hall of Fame member We’ve all heard it said: “Records are made to be broken.” We celebrate record-breaking winning streaks from our favorite teams. Conversely, we hope to avoid a long string of losses. The bull market that began in 2009 is not the best performing market since WWII. That title still resides with the long-running bull market of the 1990s. But it is the longest running market since WWII. In the...

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June 2019 Monthly Insight: Recessions Happen, but Likely Not Soon

Posted by on Friday, June 7th, 2019 in Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | 0 comments

I’ve heard there’s going to be a recession. I’ve decided not to participate. –Walt Disney Defining a recession Henry Wadsworth Longfellow’s poem, “The Midnight Ride of Paul Revere,” retells the story of a patriot who shouts a harrowing warning to his fellow colonists, “A recession is coming! A recession is coming!” Well, that’s not quite the story, but given the seemingly non-ending talk about a recession, you might think that economists are channeling Paul Revere’s midnight ride.  Yes, a recession is eventually inevitable, but is...

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