Investing Well

The great white hurricane

Unseasonably mild and clearing,” was the weather forecast going into the Ides of March back in the year of 1888. And it was true, as temperatures hovered in the 40s and 50s along the East Coast. However, torrential rains began falling, and on March 12th the rain changed to heavy snow, temperatures plunged and sustained…

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Zeitgeist

The market continues to show both a mix of optimism, thanks in large part to a strong earnings season and hope for pro-growth initiatives from the Trump administration, while also displaying heightened uncertainty regarding fiscal policy and the future of key metrics like inflation and wage growth. “Markets are set up for a one-direction trade”…

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Weekly Economic Commentary

Fed Chair Janet Yellen will present her monetary policy testimony to Congress on Tuesday and Wednesday. We may not learn much new regarding the pace of future rate increases (which will remain data-dependent) and she’s certain to avoid getting into any discussion of fiscal policy. However, the Fed is now the chief supervisor of the…

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Achieving a Better Life Experience

An introduction to the ABLE Act of 2014 and ABLE accounts – how they work and why they’re important. Key Takeaways The ABLE Act creates state-sponsored, tax-free savings accounts for disability-related expenses. The state-sponsored programs enable individuals with disabilities, as defined under IRC Section 529A, to save without affecting their eligibility for Social Security, Medicaid…

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Fixed Income Market Commentary

The Treasury market is trading to the quietest of bids this morning as investors digest the issues affecting the bond market. Quite frankly, there are only a few to digest. Not in any order, but we are evaluating, 1) inflation 2) economic growth 3) a struggling Congress, 4) oil prices, and any potential geopolitical risks…

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Near-term Fed clarity, but future is cloudy

The June 14 Fed policy decision was expected to overshadow the mid-month economic figures. Instead, the soft data reports contrasted with the relatively more upbeat central bank. Did the Fed make a mistake? Or are the financial markets placing too much emphasis on the short-term data? The Consumer Price Index fell in May, reflecting a…

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Investment Strategy Commentary

It was always the ubiquitous THEY, those indefinable conspirators who would inevitably force the market to go the opposite way you were playing it. THEY were the rumormongers who forced stock and commodity prices to fluctuate wildly regardless of the economic climate. THEY were the ones who toyed with the military-industrial complex of the fifties…

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