The articles below offer general information, opinions, and forecasts and should not be considered advice.
Market Memo
April 2023 – By Bob Veres
This is your captain speaking…
When you’re on a commercial flight, and the plane is approaching turbulence, the captain comes on the intercom to let you know to buckle up and expect ‘rough air.’ There should be similar warnings about ‘rough air’ in the markets, and this is a good time to offer one.
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April 2023 – By Scott Rosenquist, CFA®
Employment data for the month of March showed continued job growth but at a more subdued pace compared to the start of the year. According to the Bureau of Labor Statistics (BLS), nonfarm payroll employment increased by 236,000 last month with the unemployment rate inching lower to 3.5% as more people entered the workforce. The headline number was close to economists’ expectations after several months of data coming in above estimates. Job gains were again concentrated in the service sector of the economy with leisure and hospitality leading the gains for the month.
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March 2023 – By Kyle Rohrwasser
An eternity ago in 2021, the Federal Reserve kept reiterating that inflation was “transitory”. We, like many others, were skeptical because of the amount of money printed and moved into the financial system. This collided with a wildly efficient shipping industry that had stopped dead in its tracks (pun unintended) while demand for products continued to grow. But how do we get those products at such low and reasonable prices? Well, many of you may be familiar with China and US trading but you don’t understand how truly efficient the ships and logistics have gotten in the past 30 years.
Continue readingMarket Memo – Planning Article
March 2023 – By Tom Rueger, J.D., CFP®
What is a Will and what does it do? A Will is a legally binding written document that sets out specific desires regarding the distribution of property and the care of minor children. It allows a person to be very specific about who gets (or doesn’t get) which asset(s) and how much of it they get. Assets or minor children can be kept out of the hands of people that you do not want to have them. You can also appoint someone you trust to oversee the process of distributing your assets.
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