Blogs

Quarterly Market Review: Q2 2023 By: Paul Dickson, Director of Research and Giri Krishnan, Senior Portfolio Manager An Unsinkable Economy? A tight labor market and continued high consumer demand appear to have staved off a recession – possibly until 2024 (if even then). This resilience has meant continued inflationary pressures and points toward more Federal Reserve rate hikes this summer. So far, the U.S. economy has defied many economists’ more dire predictions. Hopes are growing for a “soft landing,” even after the most dramatic tightening of monetary policy since the early 1980s. The risks...

Knowing and understanding your finances is important. The system you use to manage them should be straight-forward, but without a primary checking account it can be a challenge to complete many essential financial transactions easily. A checking account is used for day-to-day banking, including depositing your paycheck, withdrawing cash and paying bills. There are various types of checking accounts to consider. The right fit depends on what you want your checking account to do for you. Here are some types to choose from: Standard checking account: Typically, standard checking account types are...

Have you ever received a call from someone pretending to be from a business, bank, or government agency, but it turned out to be a SCAM? These are called “imposter scams”, and they are one of the fastest growing and most devastating schemes out there today. Read on to learn more about imposter scams and how to protect yourself. Fraudsters will use any angle they can to steal your hard-earned money, including pretending to be from a well-known business, your bank, or even from the government. You might get a pop-up on your computer telling you there is a virus and you must call this number, or...

There are various types of savings accounts to consider when preparing for financial stability, regardless of where you are in your personal or professional life. Consistently setting aside a portion of your income is important to prepare for the unexpected. Accumulating a nest egg enables you to build wealth for long-term goals such as buying a home, retiring, or funding your child's college education. It is beneficial to understand that each savings account type has unique uses, advantages, disadvantages, and interest rates. How Much Savings Should You Have at Different Stages of Life...

Faced with shifting markets and mounting student loan debt, Gen Zers must be nimble. Solid money management skills can help overcome these challenges and grow personal wealth. Take a look at these three tips that can help you set up a stronger financial foundation today. Gen Zers are entering the workforce amid a rapidly shifting economic landscape, so they must be agile when facing this fluid environment by building strong financial foundations. That said, the outlook for Zoomers is better than it might seem. In fact, with the right knowledge and money management skills, you can secure a...