What Now? The Positive & Negative Path for the Market in 2023
By John Lau March 1, 2023 – Stocks continued to decline last week amid increasingly hawkish Fed policy expectations while economic data pointed towards stagflationary trends emerging and retail earnings disappointed. The S&P 500 fell 2.61% in February and is now up just 3.40% YTD (S&P 500 was up 6.18% in January). Stocks dropped in […]
Financial Planning For Couples Who Totally Disagree
March 1, 2023 – Principal and Managing Director, Rick Polenske was featured in Financial Advisor Magazine discussing ‘Financial Planning For Couples Who Totally Disagree.’ Polenske shares, “They will have to go home and iron out the differences, but allowing us to ask the important questions gets them to a point of understanding and compromise.” Read […]
How much ‘Cash’ do you need in 2023?
By Mallon FitzPatrick, CFP February 28, 2023 – The onset of the new year brings new trends and, with them, questions. More and more clients have asked, ‘how much should I hold in cash?’. Given 2022’s market turbulence and that forecasts of 2023 will share similar characteristics, it’s a reasonable question. With many fearing the possibility […]
An Update to My Positive/Negative Path of the Market in 2023
February 24, 2023 – On February 14, I did a live presentation at the San Mateo Public Library with my co-presenter Matt Lau, CFP® on the topic “The Positive and Negative Path for Markets in 2023”. At that presentation, I shared seven variables to watch for clues of which way the market is leaning this […]
Expiring and Pending Tax Legislation
February 21, 2023 – Below you’ll find a recap of expiring and pending tax legislation.
Mixed Messages
February 9, 2023 – The first two weeks of February provided investors with a series of contradicting signals about the state of the economy. It began with the Federal Open Market Committee meeting on February 1st, where the Fed, as expected, raised interest rates by 25bps to a range of 4.5-4.75%. While the decision itself […]
Money Life with Chuck Jaffe feat. Jeanette Garretty
February 8, 2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on Money Life to discuss the current economic outlook including ‘The odds of a soft-landing keep increasing.’ “A soft landing is certainly not going to feel like 2.5-3% economic growth and all problems are solved. So, I think that’s important to keep in […]
How to Help Your Clients Avoid An IRS Audit
February 7, 2023 – Head of Wealth Planning, Mallon FitzPatrick spoke with Jeff Stimpson from FA Magazine on a recent piece discussing ‘How to Help Your Clients Avoid An IRS Audit.’ “Audits on ultra- and high-net-worth clients are likely to increase, though the probability of an audit remains low,” Mallon explains. Read full piece here: https://bit.ly/40CizO9
Post-Fed Market Analysis and Outlook
By John Lau CPA, CFP® February 6, 2023 – Markets rallied last week after the FOMC meeting and Fed Chair Powell’s press conference on Wednesday because Powell did nothing to refute the market’s belief that the Fed will stop raising rates after March and will cut rates two to three times by the end of […]
All Eyes on Alts
February 6, 2023 – Chief Investment Officer, Stuart Katz was featured in InvestmentNews recent cover story discussing ‘All Eyes on Alts.’ “The correlation between public equities and fixed income is positive, unstable and will remain higher than it has historically,” Stuart explains. Read full piece here: https://bit.ly/3jGzTkt
Fooling and No Fooling
February 1, 2023 Good morning, Monday’s market action started the week on a down note with the S&P 500 Index (SPX) down -1.31% on the day. Was it to be the start of a pullback? No, the market wouldn’t stand for that and retraced more than all of Monday’s losses by finishing up +1..46% yesterday. […]
Is It Time to Go Offensive? (No, Not Yet)
By John Lau, CPA, CFP® January 31, 2023 – The start of 2023 has been strong for the laggards of 2022. This may be due partially to the “January Effect”, which is the historic tendency for laggard stocks to rise to start a new year. The somewhat tangible evidence behind a positive start to the […]