Many recent client conversations have revolved around the various uncertainties that exist in today’s environment. From anxiety-inducing geopolitical events to wild currency swings to societal disruptions, there is no shortage of items to worry about.
“A strong economy in a fragile world.” That is the title of JP Morgan’s Mid-Year Outlook. This sentiment seems to appropriately capture how many Americans (and citizens across the globe) are feeling about markets, the economy, and the state of the world in general.
With the vacations, ball games, and beaches in our lives during the summer, the last thing on most people’s minds are their finances. However, the slower pace of the season offers a great opportunity to take care of a few of your financial to-do’s that take just a few minutes but can greatly help protect, simplify, and advance your financial life.
The first quarter of 2024 is now firmly in the rearview mirror. By all measures, the first quarter vastly outperformed expectations, both from an economic and a market perspective.
Every year around this time, as the calendar turns to the new year, investors tend to have a lot of questions on their minds. What happened in the financial markets last year (i.e., in 2023)?
Investors pursuing the “perfect portfolio” is an age-old endeavor. Obtaining the perfect portfolio is like attaining perfect health—there really is no such thing. You can embrace behaviors to maximize your health such as exercising, eating right, getting plenty of sleep, drinking a lot of water, staying away from toxins, etc.
The first half of the year was surprising for many investors. The markets saw a return to a pro-growth environment, similar to what occurred coming out of the COVID-19 crisis. This particular market upsweep was viewed as quite narrow, with limited breadth.
As we approach the end of May and beginning of June, we are getting ever closer to what has been referred to as the “X-Date.” What is the X-Date, you ask? That is the day where it is projected that the government will no longer be able to pay its bills.
With the recent Silicon Valley Bank failure dominating headlines over the past couple weeks we would like to share our views on what happened, the potential for contagion risk (which we view as unlikely) and some additional implications for financial markets.
Embrace the Fog—2023, A chance for upside surprise? Every calendar year, as one year ends and another begins, we receive a deluge of financial forecasts and predictions for the new year. When looking back on these predictions 12 months later, they tend to be wildly off base and, in the vast majority of times, flat out wrong.