August 2, 2022 The Federal Reserve (Fed) continued its aggressive battle against inflation, raising the federal funds rate another 0.75% at its July meeting – the fourth rate bump this year. We’re now in a neutral 2.25% to 2.5% range, and the central bankers are on track to raise rates to a mildly restrictive 3%…

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June 30, 2022 As the Federal Reserve (Fed) committed itself to battling inflation this year, one question looming large was how aggressive a tack it would take. In June, we received a second, clarifying answer. In light of continuing high inflation, the Fed took a more forceful approach than it had indicated just weeks earlier,…

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June 1, 2022 The churn of now-familiar currents produced a market seemingly driven by headlines as the S&P 500 closed more than 1% up or down 10 times on the news of the day. At different moments, inflation and the Federal Reserve’s response to it, China and COVID-19, rising food and energy prices, and the…

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Volatility is never comfortable, and this latest round is no exception. Panicked headlines may have investors feeling apprehensive and uncertain. This has been the worst start to a year for the S&P 500 in the last 25 years. However, we’ve seen this happen time and again. Market pullbacks and corrections are necessary to sustain a healthy…

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May 3, 2022 The nature of the economy is that there are always causes for concern in strong markets, just as there are reasons for optimism in weaker ones. It’s fair to say, however, that April made it easier to find the concern than the optimism. Still, we take the view that the headwinds we’ve…

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The Russian invasion of Ukraine has led to increased awareness of potential cyberattacks, particularly within Ukraine and other Eastern European countries. We understand you may have concerns about whether these events affect the security of your financial accounts – but rest assured that our cybersecurity professionals have been monitoring and preparing to defend against threats…

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April 4, 2022 Global equities experienced volatility throughout March, though a late rally softened some of the sharper losses from earlier in the month. The volatility of recent months continued, driven by geopolitical events that we believe are unlikely to dissipate soon, a more hawkish Federal Reserve (Fed) and higher prices. As expected, the Federal…

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Even though tax filing season is well under way, there is still time to make a contribution for 2021 to a Traditional or Roth IRA until Monday, April 18th, 2022. You can contribute up to $6,000 for 2021 or $7,000 if you were age 50 or older on or before December 31, 2021. Important Reminders…

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March 1, 2022 Investors have been on a bumpy ride as both domestic and emerging markets have seen continued volatility over the past few months. February was no exception with the broad-market S&P 500 dipping into its first 10% correction in almost two years as geopolitical tensions intensified. The last week of February brought the…

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Keep these strategies and considerations in mind.    To ensure that tax liabilities aren’t deferred indefinitely, investors are obligated by the IRS to take required minimum distributions (RMDs) from most retirement accounts. For those born after June 30, 1949, RMDs begin at age 72; for those born earlier, RMDs begin at age 70½. Volatile markets…

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