Everything has the feel of being on a knife-edge at the moment. And yet— not really. US economic growth is strong. Europe has not suffered the economic devastation that was expected a short year and a half ago and China is, maybe, bottoming out. At the start of 2023, recession concerns were top-of-mind for many investors. Since then, U.S. economic growth has been resilient, bolstered by strong corporate and consumer balance sheets, labor market strength, and fiscal support measures. Last week, stocks and bonds were up. The MSCI Emerging Markets and MSCI EAFE Non-U.S. Developed indices outperformed the S&P 500. The best performing sectors in the S&P 500 were energy and utilities. Across U.S. Russell style and market cap indices, large cap value did the best and the high dividend factor led more broadly. On the wealth planning front, the increase in auto insurance and the expectations of further increases.