The History of Stock Market Crashes in October
The month of October is often considered a jinx for stock markets. Over the years, several major market crashes have occurred during October, earning it the reputation of the "October Effect." This pattern has caused [...]
The Feminization of Wealth
The wealth management industry is experiencing a significant transformation as women take the reins of financial assets on a global scale. This shift, known as the "feminization of wealth," represents a profound change in how [...]
Naming a Trust as a Beneficiary
A critical part of estate planning involves deciding how to distribute your retirement assets, such as IRAs or 401(k)s. One option is to name a trust as the beneficiary of these accounts, offering benefits related [...]
50 Years of ERISA: Safeguarding America’s Workers
On September 2, 1974, President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law, marking a watershed moment in the protection of retirement and health benefits for American workers. "It is certainly [...]
Fed Rate Cut: Short & Medium-Term Implications
The Federal Reserve plays a pivotal role in the U.S. economy, and one of its most influential tools is the adjustment of interest rates. Recently, the Fed cut interest rates by 50 basis points (0.50%), [...]
Critical Financial Lessons from Hurricane Helene
Hurricane Helene is projected to become one of the most powerful storms in the Gulf of Mexico, with winds exceeding 100 mph expected to impact the eastern coastline. The storm surge—referring to how much the [...]
The AI Investment Boom
In the bustling world of technology and innovation, the race to dominate the artificial intelligence (AI) landscape has seen U.S. technology megacaps like Amazon, Meta, Microsoft, and Alphabet pour billions into AI research and development. [...]
Explaining the Big Resurgence of Bonds
In recent years, bonds have often been the neglected asset class of the investment world. For a while, equities were the star performers, while bonds, particularly government debt, seemed to offer little in the way [...]