This fall, I was fortunate to walk the Portuguese Coastal Route of the Camino de Santiago. It is one of a network of medieval paths, that date from the 9th century, that pilgrims walked to Santiago, Spain where the apostle James is reputedly buried. Along the...
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Strong growth and lower—but persistent—inflation are keeping interest rates high, which may keep a lid on stock prices. 2024 saw significant gains in global stock markets, driven primarily by robust economic growth and impressive corporate profits. At the same time, bond markets faced challenges due to...
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This bull market is still young relative to history and, for now, supported by a healthy economy and broadening participation among stock sectors outside of tech. The current bull market is two years old. The fears that higher interest rates would sink the economy and stock...
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We believe that meaningful engagement with our community is both a privilege and a responsibility. With this in mind, I want to highlight two local events that SilverPeak Wealth had the privilege of supporting this summer. First, Able to Sail greeted the heat with their nationally...
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Inflation cooled further in June leading markets to believe Fed rates will soon follow. For the first time in a long time the Consumer Price Index fell on a monthly basis in June, declining 0.1% from May. This was welcome news for the financial markets which...
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Fed chairman Powell suggests interest rates could stay high for a longer period. The stock market, which was expecting numerous cuts this year, has not responded favorably. Up until very recently, the expectation for 2024 has been for moderating inflation and several Fed rate cuts. In...
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Looking back several decades to the last 14 tightening cycles by the Federal Reserve’s, the Fed has managed a soft landing (i.e. successfully slowing growth and inflation without causing a recession) only twice. The other twelve tightening cycles have resulted in a recession. In other...
Read More Rising interest rates, falling stock prices, government dysfunction, and a war between Hamas and Israel are all adding to investors’ angst. But nothing hurts investor confidence more than losing money. 2022 was a bad year for stocks and bonds recording returns of -18% (S&P 500 stock...
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