In this month’s recap: It was a challenging month for investors as losses in mega-cap tech companies spilled over to the broader market. Presented by Philip Clark, CPWA®,CFP®, CLU®, May 2022 U.S. Markets April was a challenging month for investors as losses in mega-cap technology companies and high-valuation stocks spilled over to the broader market. The Read the full article…
Our KROST Wealth Director, Philip Clark, CFP®,CPWA®, CLU®, and Marketing Senior Manager, Anna Chen attended the Jolt! Conference. The conference took place from May 4th to May 6th. Jolt! was held at the Aria Resort in Las Vegas, and proceeds of the tickets and sponsorships were donated to Invest in Girls, a program helping increase Read the full article…
First, let me start by saying, Erika, Rowdy, and I send our heartfelt prayers to the people of Ukraine currently and still being attacked. While this letter will connect some dots pertaining to their conflict, I hope it never is lost on us that these are real people going through real trauma in their lives, Read the full article…
In this Q1 recap: Global financial markets rattled by the Russian invasion of Ukraine. Inflation pressures rise as oil prices surge and supply chains become further stressed. The Federal Reserve is taking its first steps toward monetary normalization. A review of Q1 2022, presented by Philip Clark, CPWA®, CFP®, CLU® THE QUARTER IN BRIEF Financial Read the full article…
In this month’s recap: Stocks rallied as the Fed provided greater clarity on monetary policy, and investors became more upbeat about the economic outlook.Presented by Philip Clark, CPWA®,CFP®, CLU®, April 2022 U.S. Markets Greater clarity on monetary policy and improved investor sentiment on the economic outlook propelled stocks to their first monthly gain of the year. Read the full article…
In this month’s recap: Stocks dropped as escalating tensions in Eastern Europe upended the market. Presented by Philip Clark, CPWA®,CFP®, CLU®, March 2022 U.S. Markets Escalating tensions in Eastern Europe upended markets in February, sending stocks lower for the month. The Dow Jones Industrial Average dropped 3.53 percent while the Standard & Poor’s 500 Index fell Read the full article…
A trust is a legal agreement between two parties: the trustee and the trustor (sometimes called the settlor or grantor). The trustor is the person who establishes the trust and transfers assets into it. The trustee is the person or entity responsible for managing those assets according to the trustor’s wishes. Often the trustor will also be the trustee, Read the full article…
In this month’s recap: Stocks fell as rising bond yields, elevated inflation, and a hawkish-sounding Fed took turns rattling investor confidence. Presented by Philip Clark, CPWA®,CFP®, CLU®, February 2022 U.S. Markets Rising yields, elevated inflation, and a hawkish-sounding Fed took turns rattling the stock market in January, with technology-heavy Nasdaq particularly hard hit. The Dow Jones Read the full article…
In this Q4 recap: U.S. economy confronts a new COVID-19 variant amid continuing inflation and supply chain bottlenecks. Europe institutes new social restrictions in response to a surge in Delta and Omicron variant infections. Investors turn cautious as uncertainties increase. A review of Q3 2021, presented by Philip Clark, CPWA®, CFP®, CLU® , January2021 THE QUARTER Read the full article…
What a quarter it has been. In my last several quarterly letters, I insist that risk-based investments are called that way because there is an element of RISK in the investments. For 18 months, I was wrong, and the market continued to shake off all directional changes as temporary, until now. Inflation has crept into Read the full article…
