Markets Eye Nvidia & PCE After Powell’s Speech – August 25, 2025
Good morning, Welcome to the last week of summer. Fed Chair Powell set the stage for a September rate cut in his Friday speech, surprising markets and sparking a rally that pulled the major indexes out of the red and into positive territory for the week. The S&P 500, for example, gained +1.52% on Friday […]
Financial Planning After Losing a Spouse: Essential Steps for Surviving Partners
Coping Financially After the Loss of a Spouse Losing a spouse is one of life’s most difficult experiences, and it can leave behind not only emotional pain but also a host of financial responsibilities. Amid grief, the idea of sorting through documents, accounts, and decisions can feel overwhelming. Having a plan in place before that […]
Investment Commentary – August 25, 2025
Executive Summary Rising corporate earnings and expectations of lower policy rates are positive for risk-asset markets. Many asset-market valuations are not appealing, but risk-on is likely to persist until earnings are challenged by a weakening economy, or long-term government bond yields potentially break out to the upside (price down/yield up) due to unanchored inflation expectations, increasing […]
Economic Commentary – August 25, 2025
The White House’s intense focus on the monthly labor market revisions by the Bureau of Labor Statistics (BLS) has muddied the debate over the true health of US employment and its near-term direction. Even without the revisions, there would be serious questions as to the policy implications of the nonfarm payroll numbers. For example, is the […]