In Defense of Core Bonds | Weekly Market Commentary | March 21, 2022

Core bond investors have experienced one of the worst starts to the year ever, potentially calling into question the validity of bonds in a portfolio. Despite the poor start, we don’t think the value proposition for bonds has changed much. Moreover, with yields on...

April 2022 Newsletter

Three Decades of College Cost Increases College costs have risen steadily and significantly over the past 30 years. More Details Working While Receiving Social Security Benefits Social Security has many complex rules, and one of the most confusing and misunderstood is...

Ready, Set, Hike | Weekly Market Commentary | March 14, 2022

The Federal Reserve (Fed) meets this week and in all likelihood will raise short-term interest rates for the first time since emergency levels of monetary accommodation were provided to markets after the COVID-19 shutdowns. Inflationary pressures are running higher...

Downshift in U.S. Growth but Still Above Trend | March 7, 2022

We currently expect the U.S. economy to grow 3.7% in 2022. The risks are to the downside since the Fed may err on tightening too fast, the recent commodity spike may trickle down to the U.S. consumer, and supply and demand imbalances may last longer than expected....

Global Portfolio Strategy | March 7, 2022

Key changes from February’s report: Downgrading developed international equities to negative from neutral Stocks fell in February, as the S&P 500 Index lost 3.3% for the month to bring the year-to-date decline to 8.2% as of February 28. Russia’s invasion of...