Markets Drift Higher, Spotlight on Jackson Hole – August 18, 2025
Good morning, Markets drifted last week but managed to hold modest gains despite conflicting inflation signals. The S&P 500 ended up +0.94% after digesting a heavy flow of economic data, particularly the divergent CPI and PPI reports. This week is shaping up to be one of watching and waiting. The U.S. macro calendar is light, […]
Economic Commentary – August 18, 2025
An invite to the annual Federal Reserve Jackson Hole Symposium — officially, “The Federal Reserve Bank of Kansas City’s Economic Policy Symposium in Jackson Hole, Wyoming”— has been highly prized almost from the event’s founding in 1982. There are few gatherings of central bankers, government officials, academics, and financial industry leaders that can compare with the quality of […]
Investment Commentary – August 18, 2025
Executive Summary The 2025 Jackson Hole Economic Policy Symposium will focus on “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy.” The symposium is scheduled for August 21-23. It’s an annual event hosted by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming, bringing together central bankers, policymakers, economists, and academics to discuss important economic issues and […]
Inherited IRA 10-Year Rule: What Beneficiaries Must Know Under SECURE Act
Did You Recently Inherit An IRA? The 10-Year Rule May Apply The SECURE Act reshaped how IRAs inherited after 2020 are distributed, and the so-called “10-Year Rule” now stands at the center of estate and retirement planning. Understanding these rules is essential, as they affect both the original account owner and those who inherit retirement […]