The S&P 500 is up through the first 5 weeks of the year, but it has not been without moments of volatility. Leading the charge? Rate cuts – or lack thereof. Coming into 2024, investors were pricing in at near 100% certainty the first rate cut would come in March. Those expectations helped push markets…
Welcome to our January 2024 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®, Posted: 1/24/2024 Better than Average Despite posting…
Sifting through the noise to find the things that really matter will always be difficult. It’s hard to know, especially in the moment, what’s important and what can be ignored. As we reflect on the stock market over the last few years and think about what may impact 2024, we don’t have a crystal ball…
Welcome to our December 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® Cash Yields With interest rates at their…
At the start of the year, it seemed like every investment strategist or economist was predicting a recession in 2023. So far, it has not happened. While we are pleased a recession has been avoided, Leading Indicators continue to point toward a weak US economy. Liz Ann Sonders, Chief Investment Strategist with Charles Schwab, says…
Welcome to our November 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® Finishing Strong, and Top Heavy After a…
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…
