I’m nervous, too! ???? by TKer
Sam with a great and concise reminder about why we ride out market volatility instead of selling into it. If you sell, you lock in the losses and don’t participate in the recovery that always occurs after normal market drops.
Protect Your Parents from Scammers. by Flow Financial Planning
Anytime a supposed financial institution calls ask where they’re calling from, hang up and call back, check out resources like AARP Fraud Watch Network and the FTC Commission Scam Alerts, and sit down and talk to your family about how to collectively stay protected.
Small Business Optimism Takes Another Step Lower by Wells Fargo
The surge in small business optimism is fading fast. Tariffs, expected price hikes, and labor market concerns are driving this.
What We’ve Learned From 150 Years of Stock Market Crashes by Morningstar
Market crashes happen about once a decade. Some are more painful than others, which isn’t purely about the percentage drop, but also the velocity of the decline and how quick the recovery was. The covid crash was less painful due to the quick subsequent recovery, and the 2021 downturn was more severe based on Morningstar’s methodology. The three worst crashes happened before World War II, with the 70’s and the Lost Decade rounding out the top 5. What worked in all of them? It’s boring, but true: diversification and discipline.
The (Not So) Magnificent Seven? by Charles Schwab Asset Management
The Magnificent 7 have struggled this year amidst concerns about the merits of substantial AI investments and diminishing return expectations due to valuations and forward earnings expectations. There’s also a rotation into more defensive sectors.
See also: BofA Survey Shows Biggest-Ever Drop in US Stock Allocations by Bloomberg
Trends in Modern Philanthropy by Heritage Financial
Philanthropy has evolved in recent years, reflecting broader social, economic and technological shifts. Today, giving is more than just supporting a cause; it is about fostering societal change, making an impact and aligning with personal values. The landscape of who is giving and where donations are going has also shifted, with new approaches to charitable giving taking center stage. We explore some of these emerging trends and provide practical ideas for families seeking to incorporate philanthropy into their financial planning.
Book Recommendation
Delta Blues: The Life and Times of the Mississippi Masters Who Revolutionized American Music by Ted Gioia
I’ve gone down a bit of a rabbit hole reading about the history of rock, which took me to this book. If you’re interested in the subject, I’d recommend reading it and pausing to listen to the featured musicians.
Boston Corner
New England Economic Conditions Through March 4, 2025
