In-depth discussion of several themes focused on markets and the economy. Topics include: Q4 Performance, the Magnificent 7, and Interest Rates. (Video & Podcast)

As we approach the end of 2023, it's a fitting time to reflect on a few financial trends that have shaped the year. Our latest conversation provides insights into three core areas: interest rates, inflation, and stock market performance.

Indicators, Fed-speak, and short-term sentiment trackers are helpful directionally and at times can play a part in asset allocation and planning. The much larger and more significant consideration is how you plan to spend your time and use your money.

The U.S. unemployment rate is 3.7%, a decrease from the previous month's 3.9%. This unexpected increase in employment is a double-edged sword, as it brings with it potential wage-price pressures.

Planning ahead empowers us to face unafraid the [financial] plans that we've made. Also, Santa rallies and cyclical trends. (video)

While we value short-term, high-quality bonds for a portion of the portfolio, it’s important to consider the total percentage owned in one’s portfolio. We discuss how taxes and inflation can affect “real” returns and how historically, a diversified portfolio has compared to bonds.