“Be fearful when others are greedy. Be greedy when others are fearful.”
― Warren Buffett
U.S. data appears to support a forecast of solid economic growth to come. Still, trade relations with China, falling interest rates and uncertainty surrounding the Federal Reserve’s next move all remain at the forefront of the media. Negative interest rates, meaning investors are essentially paying borrowers for loans, have also dominated headlines. With so many hot topics in the news, it is prudent to remember that these factors have already been priced into the market. With the right strategy in place, the best option is often to stay the course and avoid making emotional or impulsive decisions.
In our first article, we examine the Fed’s role—along with other key factors—in keeping inflation low for most people.
Our next piece looks at various data to question the notion that there is a retirement crisis, instead showing that most retirees are living well.
The third article dives into a topic we care greatly about—how to find a trustworthy and competent financial advisor amid changing regulation that frequently lacks the clarity investors need.
Lastly, we’re sharing an article with a handful of under-the-radar food and wine festivals that would be great to visit this autumn. Fall is a relatively inexpensive time to travel, so consider sneaking in another trip before winter!
If you would like to discuss the issues in the letter, want more information on the current state of the market or have any other questions, please reach out.