Pathway for The Fed

  Source: Bloomberg LP. As of 1/19/22.     Markets have started off on a rough note to begin 2022. The fear of a reduction in market accommodation as the Fed pulls support and (likely) hikes rates has spooked markets. In response to rising rates, persistent...

CPI Update Jan 2022

It’s been a big week for Chairman Powell as the Senate held his reconfirmation hearing on Tuesday and this morning (Wednesday) brought the release of the final inflation data for 2021. Headline CPI came in at 7%, a 39 year high. The back half of 2021 will be...

Another Hawkish Pivot

We’ve seen a notable switch in tone of Chairman Powell and many of the other Fed officials over the last couple meetings as they’ve tilted their tone to sound more hawkish as they asses their dual mandate – controlling (heightened) inflation and a (strong) job...

Fighting Longevity Risk in Retirement

Today’s retiree is much different than yesterdays. Each year there are a variety of challenges that advisors and clients face as they plan for retirement income. Market volatility, political uncertainty, pandemics, tax management, and you name whatever else comes to...

Asset Style Review Part 1: Domestic vs. International

Over the next few weeks, I’m going to put out a series of analysis on 2021, hitting some of the bigger relative opportunity sets within the equity market:   Week 1: Domestic v. International Week 2: Small v. Large Week 3: Value v. Growth   Domestic v....

How Valuations May Impact Financial Plans

Investors have often faced challenges in pursuing sufficient return. There have been times when stocks had risen to levels that squeezed out a chunk of their future returns. And periods when expected returns in fixed income trailed rates of inflation.  But we’ve not...