Market Commentary Q4 | 2024

Market Commentary Q4 | 2024

U.S. equity markets made gains in the 4th quarter of 2024 to round out another strong year for the S&P 500. The 2.4% return in the 4th quarter brought the calendar year total return to 25% after the index returned 26.3% in 2023. The results of the…
IRS Announces Retirement Plan Limits for 2025

IRS Announces Retirement Plan Limits for 2025

The Internal Revenue Service (IRS) announced cost of living adjustments (COLAs) affecting dollar limitations for retirement plans and other retirement-related items for Tax Year 2024.
Market Commentary Q3 | 2024

Market Commentary Q3 | 2024

The 3rd quarter ended with strong returns across most major asset classes, despite several bouts of volatility. Weak U.S. economic data and an interest rate hike from the Bank of Japan hit stocks particularly hard in the month of August. However, the long-anticipated start of the Fed’s rate cutting cycle…
Market Commentary Q2 | 2024

Market Commentary Q2 | 2024

The economic momentum of the 1st quarter continued into the 2nd, providing another positive quarter for equity markets. Initially, investors dialed back expectations for rate cuts from the Fed as economic overheating concerns took hold.
Market Commentary Q1 | 2024

Market Commentary Q1 | 2024

Global equity markets started off the year strong as resilient economic data buoyed investor sentiment. The U.S. remains on pace for a soft landing, as falling inflation and rising real wages should offset lower excess savings and tighter credit conditions.

IRS Announces Retirement Plan Limits for 2024

IRS Announces Retirement Plan Limits for 2024

The Internal Revenue Service (IRS) announced cost of living adjustments (COLAs) affecting dollar limitations for retirement plans and other retirement-related items for Tax Year 2024.
Market Commentary Q4 | 2023

Market Commentary Q4 | 2023

The final quarter of 2023 brought a welcome relief rally for investors, capping off a strong calendar year return for risk assets. After the slight reality check in the 3rd quarter, growing excitement that central banks may cut interest rates sooner…
Market Commentary Q3 | 2023

Market Commentary Q3 | 2023

Both global equity and fixed income markets produced negative returns over the 3rd quarter as market participants recalibrated growth and policy expectations. From a macroeconomic standpoint, the trends from the 2nd quarter continued into the 3rd. Growth in…
Market Update | August 2023

Market Update | August 2023

Yields on 10-year U.S. Treasuries spiked in August, rising as much as 40 basis points from where they began the month. The result has been a rare bear steepening, where long-term yields rise faster than short-term yields.
Market Update | August 2023

Market Update | August 2023

In a significant move that caught global attention, Fitch Ratings, one of the major credit rating agencies, downgraded the credit rating of the United States from AAA to AA+.
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