US inflation slowed in April, according to CPI data released Wednesday. Yet even though they had this softer inflation data in hand, Federal Reserve policymakers still pared back their rate cut expectations for the year. In the new dot plot published Wednesday, the median projection showed just one rate cut… Read More
Apple has long been celebrated as one of the most innovative companies in the world. Since its groundbreaking launch of the iPhone in 2007, the company has consistently delivered pioneering hardware and software solutions, keeping tech aficionados on the edge of their seats in anticipation of the next “big thing.”… Read More
529 plans are powerful tools that allow family members and loved ones to save for a child’s education tax-efficiently. These accounts offer strategic education planning opportunities, but determining the amount to fund has proved challenging, as balances not used for qualified education expenses are subject to penalties and income taxes. Read More
The US housing market is humming along nicely, with both construction and sales doing well. New-build prices have stabilized and those of existing homes continue to rise. Such resilience in the face of a long monetary tightening cycle has surprised plenty of commentators, including myself, but it is clear that… Read More
Leveraged buyouts (LBOs) and private equity deals face challenges in today’s expensive borrowing environment. However, Permira grabbed headlines this week when the London-based Private Equity firm announced its intent to acquire website builder Squarespace. The deal, valued at $6.9 billion, is the second-largest leveraged buyout of 2024, underscoring a continued… Read More
Roth IRAs are a great tool for retirement and passing on wealth because they offer tax advantages and flexibility. By including them in your financial plan, you can grow your money tax-free, diversify your income in retirement, plan your estate better, and easily access funds when needed. While some people… Read More
Introduction All eyes were squarely focused on the Federal Reserve this week, as markets whiplashed between several unknowns. Would recent inflation and payroll data nudge the Fed towards a more hawkish stance? Would the Fed signal that it believes it’s losing its fight to bring inflation towards its target rate of 2%? Are rate cuts still on the table… Read More
The rise in US treasury yields this year initially caused the usual casualties: the yen, won, euro, and British pound. From exchange rates, it seems that the US interest rate wrecking ball is now wreaking destruction among richly-valued technology stocks. Recent trading sessions have seen a vicious rotation in equity… Read More
This week’s newsletter features a presentation by Evergreen’s Co-Chief Investment Officer, Jeff Dicks. He reflects on the first quarter of 2024 and reviews the investment committee’s market outlook in 27 charts. In addition to these insights, Jeff also discusses key themes to pay attention to for the remainder year. Read More
In navigating the landscape of charitable giving, individuals often find themselves contemplating the most efficient and impactful means of supporting causes that resonate with them. Determining the optimal way to donate is not just about the amount contributed but also about the effectiveness of the contribution. Factors such as administrative… Read More
