Economic Commentary – March 31, 2025
This wake-up is a bit more than usual, an old-fashioned jangly alarm clock disrupting a fitful sleep. Significant tariffs will be imposed by the US this week on a wide variety of products and trading partners. At the same time, previously imposed trade actions (especially steel and aluminum tariffs), federal employment reductions, and federal health […]
Investment Commentary – March 31, 2025
Executive Summary Last week, stocks declined, and bonds rallied as fresh signs of economic weakness and renewed inflation fears disturbed markets. The S&P 500’s closed down 4.4% over the quarter. In particular, Tech Mega-Caps were hit hard. Meanwhile, the yield on 10-year Treasuries fell approximately 10 basis points to ~4.25% as investors sought safety. A […]
Rising Costs, Roth IRAs, and Social Security: Wealth Planning in an Inflationary Environment
Rising Costs, Roth IRAs, and Social Security Expectations With inflationary pressures and economic uncertainty this year, building a buffer for rising costs may be wise. To prepare for a potential price surge, we recommend increasing projected living expenses this year and next. For those feeling the strain of higher costs, now is a good time […]
Small Cap Q1 2025 Commentary
Rolling 5-Year Results Remain Strong Our goal has always been to deliver exceptional 5-year rolling returns—and we’ve done just that. For those who believed in us from the start, thank you. We’re proud to have delivered industry- leading results over the long term. While the past year has been underwhelming, it’s consistent with our message […]
Policy Uncertainty and Tariff Threats Create Market Volatility
April 1, 2025 – Volatility gripped markets in the first quarter of 2025 and the major stock indices declined as chaotic U.S. trade and tariff policies caused a steep plunge in business and consumer confidence, which raised concerns that economic growth would dramatically slow and corporate earnings growth would disappoint. Stocks started the new […]