How Real Is Post-Pandemic Inflation Risk?

By Alex Kluesner

Governments around the world have made unprecedented efforts to support the global economy in response to COVID-19 by increasing spending and getting cash into the hands of both consumers and companies. Steps taken thus far may well have been necessary to help fight the pandemic’s economic fallout – but at what cost? Pundits are starting to point their collective finger at a dramatic increase in inflation, which is the idea that currency depreciates – buys less – as time goes on. (more…)

Change vs Transition

Change is situational. Transition, on the other hand, is psychological.  It is not those events but rather the inner reorientation or self-redefinition that you have to go through in order to incorporate any of those changes into your life.

William Bridges, PhD
Transitions: Making Sense of Life’s Change (more…)

Doing Well and Doing Good?

Growing interest in the impact of fossil fuels on the global climate may spark questions about whether individuals can integrate their values around sustainability with their investment goals and, if so, how. As citizens, individuals can express their political preferences around sustainability through the ballot box. As investors, they also can express their preferences through participation in global capital markets. One key question these investors face is how to do this without compromising their desired investment outcomes. For instance, how can they reduce their portfolio’s environmental footprint while maintaining sound investment principles and achieving their investment objectives?

Read more here…

Election Year Politics and Stock Market Forecasts

A recent New York Times article discussed the stock market impact of Joe Biden winning the 2020 presidential election. The article quoted Lori Calvasina, head of US equity strategy at RBC Capital Markets, who said “The market is starting to worry that Trump will not be re-elected. Trump is consistently viewed as a positive for the stock market.” Before you make changes to your portfolio as a result of these predictions, consider the following three points:

  1. Markets have already priced in the possibility of a Biden presidency.
  2. Two-step forecasting is difficult.
  3. Your political beliefs can lead to investing mistakes.

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Goals are Key to Designing Your “Rich Life”

Financial Life Planning is a holistic process that will help you to clarify your values and guide you in defining and designing your unique version of the “rich life.”

Goal setting is an essential component of this process, and a powerful tool for experiencing what is most important to you.  When you imagine what you want your life to be like and what you want to achieve, these images will become the basis of your life and financial goals. (more…)