Flint, MI Financial Advisory Firm
As you know, the recent failure of Silicon Valley Bank and Signature Bank has rattled the markets. Silicon Valley Bank was heavily concentrated on technology start-ups and venture capital firms. Many of the bank’s clients had deposits above the standard $250,000 FDIC insured limit. As venture funding began slowing down last year, these clients needed …
The Demise of Silicon Valley Bank and FDIC InformationRead More
Snowbird(ing) – It’s a Real Thing… At Stephens Wealth Management, we are committed to supporting clients in all financial endeavors. As collaborative partners, we listen to growing needs and do our best to provide solutions. For that reason, we are excited to introduce our new offering: Financial and Lifestyle Planning for Snowbirds, including those …
Financial Resolutions for 2023 The beginning of the year is a great time to set and review your financial goals. Thinking through and creating a plan can go a long way towards achieving your long-term financial success. With that in mind, consider the following: ☐ Learn more about upcoming changes surrounding the SECURE …
Reflections on 2022 and What’s Ahead… First, welcome to 2023. We wish our clients and partners a happy, healthy 2023. We have many great plans for the year, including a monthly (vs quarterly) newsletter. Also, be on the lookout for more podcasts and helpful resources. Although 2022 was a difficult year for the markets, …
The third quarter brought continued market weakness due to concerns about high inflation and the Federal Reserve’s interest rate increases to slow the economy. The Fed has now raised interest rates five times since March and indicated that more increases are coming. The idea that interest rates will stay higher for longer has shaken investors, …
Economic Update It’s been a rocky year for investors for most of 2022 with stubbornly high inflation, rising interest rates, recessionary fears, and the continued war in Ukraine. The market has reentered bear market territory (a decline of more than 20%) after a summer rally. Interest rates have moved higher as investors have digested the …
The difficult start to the year for the markets continued into the second quarter with high inflation, global growth fears, geopolitical concerns, rising interest rates and worries that a recession may be looming. Stocks entered a bear market (a decline of at least 20%) in June. The S&P 500 (US large cap stocks) is down …
Economic Update (Jason Guenther) High inflation, global uncertainty, rising interest rates, supply chain issues and the war in Ukraine have all contributed to this year’s market downturn and negative sentiment. Faster growing, growth-oriented companies have been especially hard hit this year. This has investors more focused on steady cash distributions as compared to the promise …
Volatility returned in the first quarter of 2022 after a historically calm 2021 amid war, rising inflation, oil prices and higher bond yields. The markets started the year with a downturn in January and ultimately suffered their first correction in nearly two years. The S&P 500 was down at one point about 12% from its …
We have had a much different market experience in 2022 compared to last year. Through the end of the first quarter, the S&P 500 is down 4.6% after ending 2021 near all-time highs. The COVID situation has improved but the markets have been on edge due to the devastation in Ukraine. Also, the markets have …
