Researchers found that those with more severe debt may be more likely to have physical and mental health issues, although causality is a challenge to establish.1 Fortunately, taking steps to improve your financial habits may also benefit your health. Here are some financial exercises to consider to help you explore the relationship between health and […]
Equity markets have continued their advance in recent weeks, with the S&P 500 near a record high following a rare nine-week winning streak on strong AI-driven earnings and prospects for an Iran agreement. While the macro backdrop remains mostly constructive, valuations are elevated by most traditional metrics, and oil remains near $100 with the Strait […]
Midyear is a great time to pause and assess your financial situation and make any strategic adjustments needed for the rest of the year. Between changes in tax law, updates to retirement accounts and contribution limits, adjustments to Social Security contributions and benefits, and other policy shifts, various developments could directly affect your finances. A […]
Some of you may be surprised by the stock market’s recent strength, particularly with oil prices over $100 a barrel. To us, the amount of artificial intelligence (AI) investment is even more surprising. But that’s not all there is to this story. Economy: Modest Growth but Well Supported. Economic growth is moderating, with first quarter […]
529 plans are a tool for those looking to save for college for their children, grandchildren, or any family member. While most people know that they are one of the most popular saving methods for college, many myths surrounding these plans may make you hesitant to open one. So, in honor of 529 College Savings […]
As the Iran conflict enters its second month, geopolitical stress continues to test investors. Historical stock market performance during geopolitical conflicts helps remind us that stocks are far more resilient than the moment may suggest. As we assess today’s environment and the uncertainties surrounding ongoing military operations in Iran, we focus on two past conflicts […]
As a young person, you imagine you have all the time in the world to save for retirement. You live in the present with the future a mere blip out on the horizon. But time has a way of flying by, and you realize that maybe you are not saving nearly enough for retirement as […]
Joint airstrikes against Iran targeting high-value military installations to hinder Iran’s nuclear development efforts and degrade its military capabilities while removing the Iranian regime from power are ongoing. The death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, marked a significant escalation in the conflict. Iran retaliated by launching a broad series of missile attacks directed at Israel and multiple Gulf states, including Qatar, the United Arab Emirates, Bahrain, and Saudi Arabia. The repercussions have been felt across the region as global energy flows were disrupted and oil and gas prices surged. Tanker traffic in the Strait of Hormuz — through which roughly 20% of the world’s oil supply moves — is at a standstill. A sustained spike in energy prices would likely require evidence of a more prolonged disruption, something not evident at this time and not our base case. […]
Passing down an inheritance can be a life-changing event and navigating the transfer of a significant amount of money and assets can pose certain challenges. Historically, inheritances don’t last. This is so common, it is described as “shirtsleeves to shirtsleeves in three generations.” There is an oft-quoted statistic that 70% of wealthy families lose their wealth by the second generation and 90% lose it by the third. At the end of the day, transparency and communication is key when face-to-face with this transfer of responsibility. […]
Other than the historic volatility in gold and silver prices, the biggest news for markets in January may have been the nomination of Kevin Warsh as the next Federal Reserve (Fed) Chair. We anticipate a Warsh-led Fed will be able to steer the Federal Open Market Committee (FOMC) toward two rate cuts later this year, […]
