The year 2025 was, obviously, exceptionally atypical. Yet despite the plethora of challenges and concerns, be it the fiscal health of the federal government, periods of extreme volatility, the on […]
The One Big Beautiful Bill and 2026 Wealth Management Considerations
When Congress enacted the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, it delivered the most extensive federal tax changes in years. Beginning in the 2025 and 2026 […]
37% Risk, 63% Reward
Is today’s U.S. stock market riskier than the top of the internet bubble in 2000? While 2025 bulls point to a lack of a frothy IPO market, 2025 bears point […]
It’s All Relative: The U.S. Dollar in 2025 and Beyond
The U.S. dollar (USD) has experienced a historically bad year. Its return through the first half of the year was the worst in over 50 years. Through the third quarter, […]
A Curious Kind of Balance
The September Federal Reserve Open Market Committee (FOMC) meeting delivered a widely expected 0.25% rate cut and underscored the deep divisions within the Federal Reserve (“the Fed”) as they transition […]
Unexpected Risks to Your Wealth And How to Prepare for Them
Building wealth is a long-term endeavor. It takes discipline, foresight, and consistent effort. Yet, as much as we plan, unexpected risks can derail even the most well-structured financial strategy. A […]
Which Fed Mandate Will Win?
The Federal Open Market Committee (the Fed) is in a tough position. Core inflation, which excludes volatile food and energy prices, has fallen dramatically and is now approaching its long-term […]
Tariffs and the Market
Since invoking the International Emergency Economic Powers Act (IEEPA) on April 2nd, 2025 (“Liberation Day”), President Trump has overseen the most dramatic shift in U.S. trade policy since the Smoot-Hawley […]
A Test of Independence: Can the Federal Reserve Survive Pressure from the White House?
Fixed Income performance in the first half of the year was solid yet tenuous. Interest rate volatility hit a two-year high in April as the threat of tariffs and trade […]
First Look: The One Big Beautiful Bill Act (“OBBBA”)
After much political jostling, deliberation and negotiation, the One Big Beautiful Bill Tax and Spending Act (OBBBA) passed through the budget reconciliation process with a simple majority and was signed […]