Well Balanced

In our latest podcast episode, we talk about the Federal Reserve's recent stance on interest rates, sparked by Federal Reserve Chair, Jerome Powell's remarks this week. Contrary to the anticipated rate cut in March, Powell suggested such measures might not be immediately necessary, stating, “We don’t have a growth mandate.”  The Fed’s comments have led to a recalibration of market expectations, un...

Our Market Perspective this week covers several topics focused on markets and the economy. The timestamps and chapters listed below mark specific sections for easy access to topics. Otherwise, start from the beginning and enjoy a rich discussion of context and perspective. Times and Topics (minutes : seconds ... chapters) 00:10 ... Put me in Coach 01:23 … Market Update 02:00 … Q4 Performance 04:06...

Key Take Aways A concentrated position is when a single investment, often a stock, makes up more than 10 percent of a portfolio. Concentration introduces a risk factor to the portfolio where the loss-of-value in a single position could materially impact the overall performance. Selling a concentrated position may have tax consequences depending on the type of account where the investment is held....

Investors, broadly, make rational decisions sometimes. For all the other times, emotion plays a part. This is not new; this is part of the reason markets go through cycles. The image of a sine wave with its peak and trough can be a useful way to visualize the glory and agony of participating in financial markets. It's normal to feel a range of emotions as we internalize the performance of our port...