This week, we’re reading articles on the economy’s strength, AI’s effect on the labor market, international holdings, and more!
Each week, the Stokes Family Office staff puts together a list of our favorite news and updates on all things wealth management. From financial planning, portfolio construction, tax and estate planning, retirement plan services to anything we found interesting. Enjoy this week’s curated list for your weekend reading!
ECONOMY NEWS
- Let’s Pause to Appreciate the Remarkable U.S. Economy
- Noah Smith writes, “there are four things you want from a macroeconomy:
- High employment rates, low and stable inflation rates, fast wage growth, fast productivity growth.
- Right now, the U.S. economy is giving us all of those things.
- A Data-Driven Case that AI has Already Changed the U.S. Labor Market
- David Deming isn’t predicting an AI boom, but he explains why he thinks we need to consider the possibility that the ground is moving under our feet.
- Do U.S. Ports Need More Automation?
- On the heels of the dockworkers’ strike, Brian Potter says we shouldn’t stop the introduction of new, productivity-enhancing technology, but we should also be realistic about what benefits it will actually be expected to yield.
MARKETS NEWS
- 20 Rules for Markets and Investing
- ‘Diversify’, ‘Be Humble’, and ‘Tune Out the Noise’ are just a few of Charlie Bilello’s golden rules for a successful financial future.
- Underwater Overseas
- Adam Grossman gives five reasons he still recommends international holdings.
- The Rally is Broadening
- The Irrelevant Investor’s charts show that since mega-cap tech peaked, the index has gained 3.7%, and every sector contributed to the gain except tech.
Stokes Family Office is 100% Family Owned, and has been continually operating in the New Orleans Area for over 35 years. As a family office, we are focused on family wealth, financial planning, and tax planning. We are your local experts for Gulf South wealth management. Want to hear more from our team? Check out the Lagniappe Podcast.
