Just two months ago, we wrote about the changing seasons and everchanging market dynamics. If we look back to September 1st, one could believe very little changed as the S&P 500 is priced almost exactly the same today. However, we’ve experienced significant change over the past two months. Large cap stocks, represented by the S&P…
Welcome to our October 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Lackluster 3rd Quarter Across the board, all…
This week we received another flood of inflation data and saw a year-over-year increase in the CPI (Consumer Price Index) of 0.4%, twice the increase that was expected. The market reaction was, as expected with the news, poor that day. Both stocks and bonds took a dive because of the implication the 0.4% creates; inflation…
Welcome to our September 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Interest Rates Stay a Hot Topic The…
Fall is a great time of the year as the kids go back to school, weather begins to cool, leaves start to change, football season begins and pumpkin spice lattes are added to menus. It’s also a reminder of the only constant: change. We’ve seen an incredible amount of change these past few years in…
By: Kurt Brown, CFA Far too often, the wealth management industry creates a maze of complexity for clients in an effort to justify high professional fees and push products. Unfortunately, market volatility can provide fuel for advisors to steer clients into complex and unnecessary products. Many of these result in much higher fees and lack…
Welcome to our August 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Corporate Earnings Season Nvidia, one of the…
It’s officially back to school season! Whether you’re excited for school, sad the summer is over, or can’t decide what to feel, it’s okay – the stock market and the economy can’t quite decide either. Is the comparison a bit of a stretch? Sure. But yes, the market and economy have continued moving in opposite…
Welcome to our July 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® NASDAQ 100 Rebalance Earlier this week [July…
Volatility is defined as “the degree of variation of trading price series over time” and is often synonymous with general stock market risk. If volatility is increasing, investors can expect their returns to fluctuate a great deal more, usually to the downside. Last year is a great example of high volatility; there were 23 days…
Welcome to our June 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Leading Economic Indicators The year over year…
In very anti-climactic fashion, the debt ceiling was raised last week and the fears of a US default on its debt (an any impending doom to follow) were erased. The agreement suspended the borrowing limit until January 2025, so it’s possible we’ll repeat this process again in a couple short years. Michael Townsend at Charles…
Welcome to our May 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Once we accept our Limits, we go…
The last few years have been a great reminder that predictions based on macroeconomic events can be very unreliable guides to the future. If someone with perfect foresight in January 2020 told you the following would happen over the next 3+ years, how would you react? Global economic shutdown Worst pandemic in 100 years Highest…
Welcome to our April 2023 Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® What Worked and What Didn’t 2022 was…
