Interest rate levels impact all of us in some way (for better or worse). I talked to a client this week about the impact of rates on housing. Let’s take a look. It’s no secret that interest rates have moved up in 2026 (instead of the projected downward trajectory). This is due to a host […]

As equity markets continue to march higher, sentiment is getting increasingly negative. A client asked about this apparent contradiction and what investor sentiment surveys typically mean for the path forward. Hard versus Soft Data If you’re an engaged investor, you are probably used to following economic data (like interest rates, inflation data, trade data, etc) […]

It’s not often that I receive more client questions about bonds than stocks, but that has certainly been the case the past few weeks. Interest rates (and their relationship to bonds) has been the hot topic! Let’s look at a few things that have been discussed. Remind me the relationship between rates and bond prices? […]

Last week, the Wall Street Journal published an article noting that Money Market Fund balances have rose to record levels – over $3 trillion (a staggering total that does not include several trillion more held by institutional investors like mutual funds). A client asked about the article and more specifically, what is the problem with […]

Admittedly, there are many parts of investing that don’t always make a lot of sense. One of those things is a subject of this week’s client question – price targets. A client brought this question up after reading an article earlier this week that noted JP Morgan was the latest financial firm to raise their […]

When talking with a client last week about equity markets and their recent price action, I brought up the topic of free cash flow. It warranted added discussion then and I figured it would make a good client question post as well. Free cash flow is the cash left over after a company pays for […]

As the Iran conflict continues, the discussion concerning oil prices has been constant. This is for good reason and a client asked why the equity market seems to move in the opposite direction of oil prices. As we’ve written about in past weeks, given the location of Iran near the Strait of Hormuz (where a […]

There has been a lot of news coverage concerning private credit in recent weeks, prompting a client to ask what is happening with this asset class. What is private credit? If you think about a company borrowing money/taking out a loan (ie: credit), you likely think first of them obtaining those funds from a bank. […]

It’s been a stressful few days from a geopolitical perspective given the US and Israel invasion of Iran and the subsequent retaliation and carry-on effects. Without a doubt, there are countless reasons to be concerned from a humanitarian perspective. A client reached out over the weekend and asked how to think about this conflict from […]

As we’ve discussed every week thus far in 2026, it has been a wild start to the year as far as markets and the economy are concerned. This is leading to all sorts of new topics coming to the surface. A client asked about one of these subjects this week – Sector Rotation. What are […]