PASSING THE BATON The stock and bond markets look ahead at least six months, discounting what investors think are the most likely outcomes for growth, inflation and other key inputs. So it is critical to differentiate between what is likely behind us, what is the current...
Our partner Goldman Sachs offers a great overview on ESG investing. Diversity. Climate change. Fair pay. These socially-minded topics (and more) have been on a lot of our minds lately. So it’s perhaps no wonder that they’re also coming up in investing, too. Sometimes referred to...
BOTTLENECKS The long-anticipated jump in U.S. inflation appeared this month, and with a vengeance. Core consumer price inflation increased nearly 3%, double the prior rate, while the month-on-month increase of 0.9% was roughly triple expectations. Prices in reopening-related areas showed the greatest increase, with lodging up...
THE BASE EFFECT Investors are keenly focused on the risk of inflation, as higher bond yields would hurt both stocks and bonds. Over the last week, inflation data came in hotter than expected, yet both bonds and stocks rallied. It looks like our Stuckflation theme —...
By John Bohan 3 Reasons to Consider a Trust. Let’s talk about trusts. How does the concept work? And most importantly, what is the importance of hiring an objective third party? Below is a high-level summary of this legal vehicle, how it can be a favorable option...
WHAT’S PRICED IN? Investing is a complicated endeavor. Predicting the future is hard enough; understanding what markets have priced in is just as hard – and just as important. Nobel Laureate –and University of Chicago behavioral economics professor – Richard Thaler conducted an interesting study providing...
STIMULATING The big U.S. fiscal stimulus package, along with further easing action by the European Central Bank (ECB), have combined to bolster the growth outlook while also increasing the focus on inflationary pressures. This past week, U.S. President Joe Biden signed the $1.9 trillion American Rescue...
They say hindsight is 20/20. Not sure how to describe 2020, but with hindsight I think most of us would rather leave it in the rearview mirror. Time to forge a new path into 2021! The start of the year is a perfect time to...
Great read from our partners at Northern Trust on #legacyplanning > Supporting family and causes you care about. Ensuring the well-being of family and supporting causes you care about requires careful planning. Leading a company is the apex of professional achievement. But for many executives, the primary...
Highlights on the 2021 market outlook and why stay invested. Watch this short video from Goldman Sachs Personal Financial Management. ...