Monthly Digest – August 2023 Edition
In this month’s newsletter, Chief Investment Officer, Stuart Katz, discusses the fallout of the Fitch Rating Agency downgrade of the US. We also are including our 2023 Mid Year Outlook in case you missed it. Chief Economist, Jeanette Garretty, hosted CIO, Stuart Katz, and Head of Wealth Planning, Mallon FitzPatrick, to discuss the first half […]
Marching Towards a New World Order
By Avi Deutsch November 11, 2023 – I recently returned from spending several weeks with my family in Israel. The mood there, which after the murderous Oct 7th attacks could only be described as existential despair, has morphed into one of righteous anger. Israelis know how to come together in difficult times, and civil organizations […]
Actions Louder Than …
February 24, 2025 Good morning, The S&P 500 Index declined -1.71% on Friday, the worst one-day selloff of the year (so far). Selling was expected on “de-risk-Friday”, as mentioned, but only selling was unexpected. There was no market moving catalyst to explain the market decline; there were just more sellers than buyers. This is not […]
Investment Commentary – February 24, 2025
Executive Summary The S&P 500 hovered near its all-time highs, while the bond market ended the week with gains (price up / Yield down) as weaker-than-expected retail sales rekindled hopes for Federal Reserve rate cuts. A rally in Treasuries drove the 10-Year Yield below 4.5%, marking its fifth consecutive week of gains—the longest streak since […]
Economic Commentary – February 24, 2025
Was last Friday’s US Purchasing Managers Index for Services the proverbial shot across the bow? It was certainly an attention-grabber, coming in below expectations and indicating the first monthly contraction in the service sector in two years. Although it is not unusual to see a certain amount of drop-off in January spending following a robust holiday […]
Market Volatility Warning Signs: How to Protect Your Portfolio Now
Market Jitters Recent economic indicators suggest the economy may be cooling, including a decline in the US Purchasing Managers Index for Services and a weaker-than-expected Michigan Consumer Sentiment Survey. This could lead to market volatility and increased uncertainty. A brief review of your plan may reassure those concerned about market fluctuations. Modeling a scenario with […]