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…
April 2023 PDS Planning Market Commentary It seems there are hundreds of reasons why the market has a bad day, but the good days are glossed over – just another day. Despite a seemingly endless barrage of negatives lately, from the near bank crisis, weak jobs reports, inflation, higher interest rates, and continued talks of…
Beyond Your Finances, Market Commentary
Headlines today are dominated by Silicon Valley Bank’s (SVB) collapse and bank run today. We wanted to provide some initial context to this incredibly fluid situation with what we’ve learned so far before we left. What happened and why? SVB was a unique bank that had grown to the 16th largest in the country, but…
March 2023 PDS Planning Market Commentary The bond market reached many new milestones last year, but not good ones. The Bloomberg U.S. Aggregate Bond Index experienced a (-13.1%) loss due to rapidly increasing interest rates by the Federal Reserve. Last year’s (-13.1%) loss blew the previous worst calendar year return of (-2.9%) in 1994 right…
Welcome to our February 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® I Speak For The Trees Early this month…
February 2023 PDS Market Commentary We were hoping for a strong start to the stock market this year and have yet to be disappointed! Through the first five weeks, the S&P has gained 8%, the Nasdaq is up 15%, and the Dow up 3%. Even the US Aggregate bond index is up near 1.5% this…
