Weekly Market Commentary June 9, 2021

The Markets Pulling the economy out of the shed. If you’ve ever stored tools or machinery in a shed or garage for an extended period of time, you know they often need some care and repair to function properly. The same appears to be true of the pandemic economy. Economic growth in the United States… Read more »

Weekly Market Commentary June 2, 2021

The Markets Are we at a tipping point? One side effect of the pandemic was a collapse in demand for oil, which led to “the largest revision to the value of the oil industry’s assets in at least a decade,” reported Collin Eaton and Sarah McFarlane of The Wall Street Journal. Last week brought another… Read more »

Weekly Market Commentary May 26, 2021

The Markets What do markets hate? They hate uncertainty, and recently there has been plenty of it. Some of the questions plaguing economists and pundits include: Why aren’t people returning to work? Americans, like people in other parts of the world, have not been rejoining the workforce at the pace many had anticipated. One of… Read more »

Weekly Market Commentary May 19, 2021

The Markets Uncle Inflation is here. Will he overstay his welcome? Ever since the financial crisis, central banks have pursued expansionary monetary policies to encourage reflation and avoid deflation. Well, it’s taken some time, but inflation is finally here. Last week, major stock indices in the United States moved lower after inflation, as measured by… Read more »

Weekly Market Commentary May 12, 2021

The Markets Like a gender reveal gone wrong, last week’s employment report delivered an unexpected surprise. Economists estimated 975,000 new jobs would be created in April. The United States Bureau of Labor Statistics (BLS) reported there were just 266,000. That’s a big miss. Economists, analysts, and the media offered a wealth of theories to explain… Read more »

Weekly Market Commentary May 5, 2021

The Markets It’s Spring and economic recovery is in the air. Last week, the Bureau of Economic Analysis reported the U.S. economy grew at a 6.4 percent annualized rate for the first three months of 2021. While that’s good news for companies and workers, asset managers are checking their expectations. The stock market reflects what… Read more »

Weekly Market Commentary April 28, 2021

The Markets It wasn’t just the price of pork chops. Last week, as investors weighed the news, strong corporate earnings were offset by higher grocery prices and rising numbers of global coronavirus cases. Solid corporate earnings weighed favorably. So far, 25 percent of the companies in the Standard & Poor’s (S&P) 500 Index have reported… Read more »

What is a Target Date Fund Glide Path?

A Target Date Fund (TDF) is the “set it and forget it” fund option for many 401(k) plan participants and retirement investors. This type of fund automatically rebalances the overall asset allocation for a targeted mix of equity and fixed income investments based on the investor’s age and an assumed retirement date. Often TDFs are… Read more »

Tax Corner

The past year has been unique and challenging in many ways. It has also provided us the opportunity to reflect on values and things we hold dear. In many cases, this includes a greater appreciation for the community around us which allows us to thrive. This quarter, we have decided to replace our typical Tax… Read more »

Market R E C A P

Global stocks continued to power upward this quarter from their pandemic bear market low on March 23, 2020. U.S. stocks, developed international stocks, and emerging-market stocks are now up an astonishing 80.6%, 74.8%, and 74.6%, respectively, since then. Clearly, it paid not to panic and get out of the markets last spring. Due to expectations… Read more »