For over a year much discussion was made about when the Fed will finally cut interest rates. The thought process was a drop in rates would allow the economy to continue to grow and avoid a recession. This line of thinking means ignoring the
Humans typically struggle to think long-term. Our brains place a higher value on short-term stimulants which changes our behavior. As financial advisors we see the dangers of this thinking and try to provide data and roadmaps to incentivize our clients to think longer-term. It's a constant battle.
Politicians understand our
Since this series started in June, we've shared several different things that are required if you're going to be "invested with purpose." You can find the previous blogs here. This month, we're going to focus on having complete obedience, not just partial obedience. We will see how Art was completely
The Federal Reserve made a major pivot last week in their policy. After declaring 'mission accomplished' in their inflation fight, the Fed almost immediately shifted to stimulation mode over growth concerns and a slowdown in the labor market. As we stated in our most recent economic update, yes growth is
This week the Federal Reserve is expected to do what they first hinted at 11 months ago – to cut interest rates. They have already declared "mission accomplished" in their inflation fight. The market is programmed to initially celebrate any sign of Fed policy easing. On paper it makes sense. If
