Market Commentary October 2, 2023

The Markets Inflation is slowing but consumers aren’t feeling it. In August, for the first time in two years, inflation (excluding volatile food and energy costs) dropped below four percent. Last week, one of the Federal Reserve (Fed)’s favored inflation measures – the Personal Consumption Expenditures (PCE) Price Index – indicated that prices rose 3.9… Read more »

Market Commentary September 25, 2023

Weekly Market Commentary September 25, 2023  The Markets How high will they go? Just as the market anticipated, the Federal Reserve Open Market Committee (FOMC) chose not to raise interest rates last week. However, Fed officials made it clear another rate increase might be necessary before the end of 2023 as continued economic strength, higher… Read more »

Market Commentary September 18, 2023

Weekly Market Commentary September 18, 2023 The Markets Adding new ingredients to the economic blender. The performance of United States economy in 2023 has been as unexpected as a lentil-avocado-cinnamon smoothie – a tasty surprise. Last week, economic data suggested the Federal Reserve may need to do more to slow the economy. The consumer price… Read more »

Market Commentary September 11, 2023

The Markets All the work, work, work. 2023 has been a remarkable year so far. It has, “confounded economists, humbled forecasters, and rewarded investors. Despite a rapid rise in interest rates, the U.S. economy continues to grow. Inflation has fallen – if not quite to desired levels – and stocks have entered a bull market,… Read more »

We’re Hiring!

We are seeking an intern with an accounting or finance background to join our team this December on a part time basis. The intern will provide support to our financial planning and tax teams. Ideal candidate will have exceptional interpersonal skills and a strong desire to learn and continuously improve. Pay rate starting at $20… Read more »

Market Commentary September 5, 2023

The Markets Lowering inflation. If you’ve ever waited in traffic while the center section of a bridge lifts to allow ships and sailboats to pass underneath, you may have noticed the enormous counterweight that lowers as the bridge moves higher. When the boats have passed, the counterweight rises, and the bridge lowers back into place.… Read more »

Market Commentary August 28, 2023

The Markets Becalmed. The Chinese government’s zero-COVID policy took the wind from the sails of its economy. When the government finally ended the policy earlier this year, many economists anticipated that pent-up consumer demand would refill China’s economic sails, lifting the global economy, reported Malcolm Scott of Bloomberg. Instead, China’s economy is in an economic… Read more »

Market Commentary August 14, 2023

The Markets Consumer sentiment is a lagging indicator. It’s also a contrarian indicator. After rising sharply in June and July, consumer sentiment leveled off this month. The preliminary August reading for the University of Michigan Consumer Sentiment Index was 71.2. That’s slightly below July’s reading, although it’s up 22.3 percent year-over-year, and up 42 percent… Read more »