Quarterly Client Letter – Q2 2023

August 2, 2023By Phil Clark, CPWA®,CFP®, CLU®

Referring back to my end-of-year letter, here are a few key points I went over. Equity markets have historically reacted to a recession BEFORE it starts. Back-to-back down years are rare. This should be taken as an opportunity. YTD Performance: SP500:                                     +16.89% Technology:                            +42.77 Industrials:                              +10.19 Consumer Discretionary:        +33.06% The market has seen significant Read the full article…

Quarterly Client Letter – Q4 2022

March 17, 2023By Phil Clark, CPWA®,CFP®, CLU®

Regarding Bear Markets and Recessions I realize that these times are scary. Volatility in the markets is inherently difficult, both on the portfolio and emotional cycle of investors. Recessionary fears are a common party conversation with discussions and debates over Federal Reserve interest rate changes, timetables, inflation, labor participation rates, and unemployment rates. Even, as Read the full article…

Quarterly Client Letter – Q3 2021

November 12, 2021By Phil Clark, CPWA®,CFP®, CLU®

In this quarter’s letter, I keep thinking about the difference between familiar and normal. In so many areas of our lives, the normal has given way to the familiar. What was once not normal has become familiar, ie. wearing masks, schools and restaurants closing, hand-washing stations. Also, the opposite is true that what was once normal Read the full article…

Quarterly Client Letter – Q2 2021

July 29, 2021By Phil Clark, CPWA®,CFP®, CLU®

The three horsemen of the retirement apocalypse. Dramatic, yes.  Accurate, yes. Scary, maybe. I consider the most significant risks to a healthy and well-planned retirement: Low-Interest Rates Inflation Healthcare Costs The 2nd quarter of 2021 was marked with expansive growth in both GDP and, more importantly, inflation.  As communicated in the Quarterly Economic Update, “According Read the full article…