ICYMI: A Wealth Management Home for Business Owners
As a business owner, managing your personal and professional finances requires a strategic approach to ensure long-term success. This post highlights our approach to building out the services needed to get you there and shares the ideas we’ve seen help business owners pull cash from their business tax-efficiently and cash out of their business on their own terms.
Why Tactical-Allocation Funds Failed—Again by Morningstar
Tactical-allocation funds have underperformed due to high costs and the inherent difficulty of consistently timing market shifts. These funds often fail to deliver superior returns compared to more straightforward investment strategies.
A bullish business investment story is brewing ???? by TKer
Recent surveys indicate that corporate capital expenditure (capex) spending plans have increased following the recent election. This trend suggests potential growth in economic activity and employment in the near future, but hopefully it isn’t fumbled away by the uncertainty created by tariffs.
What to Know About Trump’s Plan to Extend Tax Cuts by Bloomberg
The expiration of the 2017 Tax Cuts and Jobs Act in 2025 has sparked debate over whether extending the cuts would boost economic growth or worsen the national deficit. Proponents argue that maintaining lower tax rates could support businesses and individuals, although some estimates show only a temporary boost, while opponents highlight that extending the cuts could add over $5 trillion to the national debt and that tax cuts don’t pay for themselves and tariffs wouldn’t be enough of a revenue offset.
Spooked by Tariffs, Consumer Sentiment Wilts as Inflation Fears Mount by Wells Fargo
Consumer sentiment was surprisingly weaker in February and at its lowest point since July 2024. A percentage point increase in inflation expectations seems the primary driver, likely driven by reactions to tariff announcements.
See also: Hot January CPI Sends a Chill Over the Inflation Outlook – Today’s inflation report shows hotter than expected CPI. Food and energy inflation contributed.
January Market Recap: Change in Leadership by Heritage Financial
Markets Adapt to Policy Shifts – President Trump’s executive orders kept investors on edge, but his position on tariffs provided a tailwind for international markets. NVIDIA’s Wake-Up Call – A 17% drop in NVIDIA shares, triggered by AI competition from China, highlights the risks of market concentration and stocks priced for perfection. The Fed Holds Steady – With solid GDP growth and low unemployment, the Fed left rates unchanged, signaling caution rather than a rush to ease policy. Tariffs are an Inflation Wild Card – While tariffs could push prices higher, history also shows they are just one piece of a larger economic puzzle.
Podcast Recommendation
Barry speaks with Sahil Bloom, Founder and Managing Partner of SRB Ventures, a Venture Capital focused on accelerating compelling startups. He also owns and operates SRB Holdings. Prior to SRB, Sahil spent roughly 7 years in high finance, serving as Vice President of a private equity fund with $3.5 billion in assets under management. He holds multiple degrees from Stanford University, where he also played Division I baseball. Sahil is an avid public speaker and content creator. His newsletter ‘The Curiosity Chronicle’ is read by over 800,000 subscribers on a weekly basis. On this episode, Barry and Sahil discuss his path through finance, his latest book The 5 Types of Wealth, and what it truly takes to live a healthier, wealthier life.
Book Recommendation
Decade of Disunion: How Massachusetts and South Carolina Led the Way to Civil War, 1849-1861 by Robert W. Merry
It’s a bit dry, but the book’s concept in looking at these two states in the decade up to the Civil War and details provided makes for a good read for history fans.
Boston Corner
What’s behind Boston’s bookstore “boomlet”
