Weekly Market Insights 08.26.24
A Return to Balance Financial Markets Chairman Powell’s speech at Jackson Hole greatly relieved participants in financial markets and the real economy. Ultimately, Powell signaled to the world that more accommodative monetary policy is on the way. For so long, everything seemed to hinge on inflation coming down and the labor market coming into better…
Read MoreWeekly Market Insights 08.19.24
The Best Week Yet! Financial Markets This past week was one of the best for equity markets in a very long time—the strongest of the year and the best week since November 2023, to be exact. One of the most comforting aspects of last week was equities responding to economic releases rationally rather than being…
Read MoreWeekly Market Insights 08.12.24
A Remarkable Week! Markets Last week’s equity market performance was remarkable, indeed. After Monday’s significant decline, markets managed to bounce back and finished the week only slightly in the red. By Friday, markets were operating as if the turbulence was over. That would be nice, but we expect that there may be more volatility to…
Read MoreBuilding Your Philanthropic Legacy: Charitable Remainder Trust
A Charitable Remainder Trust (“CRT”) is an irrevocable trust that provides income to the donor or other noncharitable beneficiaries for a specified period of time, with the remainder going to one or more charitable organizations upon termination of the trust. An important aspect of the CRT is that the trust itself is tax-exempt and the…
Read MoreWeekly Market Insights 08.05.24
Welcome to a Correction Financial Markets This past week was punishing for investors, and the market weakness has only intensified a few hours into the market open. Interestingly, last week began in good shape. Investors awaited the Federal Reserve’s rate decision and Chairman Powell’s post-meeting press conference, which went very much as expected. While the…
Read MoreWeekly Market Insights 07.29.24
A Dramatic Week Financial Markets Investors had much to ponder this past week. Developments in the presidential race, earnings announcements, and notable economic releases topped the list. While President Biden’s withdrawal from the race added another wrinkle in an already eventful election season, politics was not a major factor in the markets last week. The…
Read MoreBuilding Your Philanthropic Legacy: Charitable Lead Trust
Is a Charitable Lead Trust (CLT) Right for Me? If you are charitably-inclined and wish to benefit your family, a CLT may be right for you. The main benefits of a CLT are the potential reduction in gift and estate taxes for the non-charitable beneficiaries and, in the case of a grantor trust, an upfront…
Read MoreWeekly Market Insights 07.22.24
The World Turned Upside Down Financial Markets It was an interesting week in the equity markets! We saw the start of a potential market rotation, and the week ended with a global tech outage stemming from a single software update from CrowdStrike. Often, after a volatile week in the market, investors and analysts begin to…
Read More1919 Investment Counsel Recognized by Financial Advisor Magazine as Top 2024 RIA Firm
We are proud to announce we have been recognized in Financial Advisor Magazine’s 2024 RIA Survey & Ranking as a top firm among registered investment advisors (RIA) with $1 billion of assets and over in the U.S. This ranking celebrates top-level RIA firms that offer comprehensive planning and financial services to help their clients navigate…
Read MoreBuilding Your Philanthropic Legacy: Private Foundations
A private foundation is a type of non-profit, tax-exempt organization that is typically funded by an individual, family, or corporation to support charitable causes through grant making and allows donors to establish a philanthropic vehicle under their control to make grants in line with their charitable interests, while benefiting from tax advantages. Key Points: Private…
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