Category: News

Elon, Twitter, and the Importance of Due Diligence

Thad Schlaud

Elon Musk – the world’s richest person – recently announced that he was pulling out of his agreement to buy Twitter (good luck!), saying that there was a lack of information about the number of Twitter users made up by bots. In a letter sent to Twitter, Musk said that…

Categories: News, The Market

The Fed Raises Rates, Should You Sell Bonds?

Thad Schlaud

Don’t let public perceptions drive your investing because that’s speculating. On May 4th, the Federal Reserve raised interest rates by 50 basis points and scaled back other pandemic-era economic support, as it stepped-up its fight against the highest inflation we’ve seen in 40 years. “Inflation is much…

Categories: News, The Market

It Might Not Be Enough to Diversify at the Asset Class Level

Ben Klamo

Traditional investing, frequently coined a “buy and hold” investment strategy, incorporates a mix of assets that create a portfolio of investments. This portfolio of assets generates an expected return given an investors’ risk profile. We refer to this type of investing as Strategic Asset Allocation (SAA). At the core of…

Categories: News, The Market

If Russia Invades Ukraine, What Should You Do?

Thad Schlaud

Wall Street has little recent history to go from, but two things are very likely. Starting in late 2021 and throughout all of 2022, Wall Street has debated what markets might do if Russia invades Ukraine. On February 11, Jake Sullivan, the White House national security adviser, warned that Russia…

Categories: News, The Market

Year End Recap and 2022 Outlook

David Martin

The S&P 500 rallied 26.9% in 2021, thanks in large part to record earnings revisions, the strongest economic growth in decades, and unprecedented stimulus from the Federal Reserve. Those conditions will almost assuredly not be as market friendly in 2022. Earnings growth should slow to single digits, real GDP could…

Categories: News, The Market

“Transitory” Inflation and The Federal Reserve Bank

Ben Klamo

The Federal Reserve has had two main objectives since its creation. One includes maintaining full employment in the economy and stable price levels. Another not-so-common job the Fed is tasked with is acting as the lender of last resort. In a nutshell, the Fed stands ready and willing to prevent…

Categories: News, The Market

Bitcoin vs. Ethereum…So what’s the big deal?

Ben Klamo

Cryptocurrencies have garnered much attention in the financial world in the past few years as their adoption has increased by investors and institutions. It’s safe to say that cryptocurrencies have reached the mainstream; if you have invested money at some point, you have probably heard of or had a conversation…

Categories: News, The Market

First Quarter Market Commentary

David Martin

The U.S. equity market hit all-time highs during the first quarter and several non-U.S. markets joined the march upwards, including the Canadian and European equity markets. Additionally, the S&P 500 gained 5.8% in Q1 and its trailing 12-month gain was 53.7%, the strongest gain in the post-war period. Alternatively, bonds…

Categories: News, The Market

April is National Financial Literacy Month

Thad Schlaud

April is National Financial Literacy Month – an entire month dedicated to underscoring the importance of learning, establishing, and maintaining healthy financial habits. Sadly, the money habits of the average American reveal that: • Only about 40% of adults use a budget and track spending; • More than three out…

Categories: Industry Ideas, News

That $1.9 Trillion Stimulus Might Cause Inflation

Thad Schlaud

The current job market landscape is a warning sign of how painful the U.S. economy is for many, as over 745,000 Americans filed first-time unemployment claims at the end of February. But then on March 5th, the February employment report showed the U.S. economy added 379,000 jobs in that month.

Categories: News, The Market