Behold, the inflation rate has dropped to 3.7%. It’s projected to fall to 2.7% by the end of 2024.
Dread fear of spiraling inflation permeated financial news two years ago, with the number hitting an annualized 9% at one point. Baby Boomers especially feared reliving the double-digit carnage of their youth.
No one noticed, but almost all stock and bond categories registered positive returns this past quarter. A softening of inflationary factors – most obviously gasoline prices - has boosted investor sentiment.
IMajor declines in financial markets reflect a world of hurt and uncertainty: war in Ukraine; mass shootings here; spiking inflation and interest rates; prospects of recession...
Pandemic-induced disruptions continue to ripple through, but not cripple, our lives and economy. Covid, we are being assured, is on its way to becoming a manageable “endemic.” Thus, we are adopting an increasingly stable view of our lives, individually and collectively.
Are we on the cusp of a second Roaring Twenties? Will we see similar economic and social exuberance in the decade ahead? We at Hanke & Co. proceed with utmost curiosity.
We are grateful to have our health. We are grateful to be here, to witness new prosperity, and to help clients navigate it all. We say this, friends because we have all gone through hell, together and alone.
We acknowledge the searing pain inflicted upon America on January Sixth - the day it felt as though a loved one had been killed by a drunken driver.
In the wake of this insurrection, we honor the memory of two victims of the “Stop the Steal” mob: U.S. Capitol Police officer Brian Sicknick, who was bludgeoned to death with a fire extinguisher, and fellow officer, Howard Liebengood, whose despondent reaction to January Sixth resulted in suicide.
Third Quarter 2020 Newsletter: The Election Issue
So it is every four years: investors try to anticipate how various election outcomes will affect the economy and their portfolios.
Enter we dutiful financial planners with our quadrennial, election season newsletter.
Hanke & Co. Wealth Management is proud to announce expanded service capabilities as we are joined by Rafael Paschoal, our new Operations Manager.
In this role, Rafael oversees client service requests and supports the firm’s senior planners in preparing written financial plans and managing client portfolios.
May this find you and your loved ones in good health and spirits during these most difficult times. We miss being able to meet you in person...
The brain is a pattern-seeking mechanism and nowhere is this more on display than when attempting to time financial markets – especially when new market highs are reached.
The Money & Happiness Edition - Our First Quarter Report“What's the use of happiness? It can't buy you money.” - Henny Youngman
Throughout the ages, the relationship between money and happiness has been pondered by theologians and philosophers as well as anxious souls and corny comedians...
Meeting the Dali Lama, the Pope or even Madonna may stand out as a major thrill you’d never forget. Well, your advisors recently met the nonagenarian rock star of investment management – Nobel Prize winner Harry Markowitz.
The record-long bull market continues, at least for now. On March 9, 2009, the Dow Jones bottomed out at 6,547. At the close of this quarter, June 30, that index stood at 24,271, almost a four-fold increase in nine years.
You have undoubtedly heard of the data breach at Equifax. You might be one of 143 million people whose credit data and personal identifying information are now in the hands of criminals.
Predicting shifts is a fool’s errand. Nonetheless, the surprise election results of 2016 tested most who foreswear market timing. One achievement among our clients was that no one cashed out of the markets and went to the sidelines.