Our Insights
Reducing Debt Takes Commitment and Patience
Debt is something that no one wants, yet nearly everyone has it. It is simple to enter and difficult to exit. The good news is that there are actions you can take to manage and overcome your debt, regardless of its source or quantity.
401(k) Retirement Plan Choices for Job Changes
There are many different reasons for changing jobs. Whatever the reason for the change in employment, this circumstance offers the ideal chance to review your long-term financial strategy. You will need to decide how to use the money you have accumulated in your retirement 401(k) plan.
Job Search Tips for Recent Grads
If you are a recent college graduate, you may be unemployed initially, but that does not mean you do not have a job. Seeking work nowadays might be a full-time job. Thankfully, there are actions that every graduate can take to improve their prospects of obtaining meaningful employment.
Creating a Household Budget
According to statistics, money is the most common source of household stress. That being said, many people need a mechanism to track where their money goes after it enters the house. Keeping track of spending is critical to developing a family budget, so you can understand your patterns and spend more sensibly.
Merging Finances After Marriage
If you have recently married, then consider reviewing this to-do list when collaborating with your financial adviser on integrating funds and planning for the future.
Managing a Job Layoff
A layoff is a challenging experience that leaves many people anxious about their next steps. With your financial advisor, you may begin to assess your circumstances, address your goals systematically, and try to weather this setback without completely reorganizing your finances.
Navigating the U.S. Debt Ceiling
The U.S. debt ceiling is back in the news. If the debt limit is not eventually raised or suspended, the U.S. Treasury would likely face a funding crisis that could impact a range of federal spending commitments. Though this scenario is unlikely, there are potential consequences to think through.
First-Quarter 2023 Earnings Season Recap and Commentary
More than 90% of S&P 500 companies have reported Q1 2023 earnings, with results exceeding expectations, with 78% reporting Q1 earnings that surpassed their estimates.
Consumers Remain Resilient as the US Economy Slows
The US economy grew at a +1.1% annual rate in the first quarter of 2023, marking a decline from the +2.6% growth rate in the fourth quarter of 2022.
Fewer Shipping Containers Arriving at U.S. Ports
Fewer container imports indicate the economy is reverting to pre-pandemic norms. This drop could help alleviate supply chain bottlenecks and ease inflationary pressures, a positive development after inflation rose to a 40-year high during the pandemic.
2023 First Quarter Recap and Outlook
First quarter economic data showed the U.S. economy entered 2023 with considerable momentum, even in light of the Federal Reserve’s interest rate hikes throughout 2022.
An Explanation of Recent Bank Failures
During the pandemic, businesses and individuals flooded banks with new deposits. As the Fed raises interest rates and customers look for higher yields, the banking industry is under considerable pressure.