Consumer Sentiment, Crypto, Inflation, & AI

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

Sentiment Bad, Hard Data Good: How Long Can It Continue?

• Torsten Sløk Apollo Chief Economist: We remain bullish on the economic outlook, but we are very carefully watching the incoming data for signs if this is an inflection point for the business cycle.

Three Things – State of the Markets

• Cullen Roche writes about the WalMart Warning, Foreign Stocks, & the Future of Rates and Inflation

Why the ‘War on Inflation’ is Over — Even Though the ‘Experts’ Don’t Get It

• Ken Fisher: What’s the under-appreciated, non-inflated truth for investors? Hate to burst some bubbles here, but market forecasting requires seeing something big that others don’t. Huffing and puffing about inflation alongside an army of “experts” won’t help.

MARKETS NEWS

How Should Your Allocation Change With Age?

• Nick Maggiulli: One of the most important financial decisions you will make make is how you allocate your portfolio to different asset classes over time. As you age, you will probably find that your financial priorities will change. The question is: how should your portfolio allocation change with you?

Why I Think AI Take-Off is Relatively Slow

• Tyler Cowen discusses several factors that may decelerate the widespread adoption and impact of artificial intelligence.

I’m Bearish Crypto

• Steve Strazza of All Star Charts: I think the next leg for Bitcoin will be lower, as it gets in line with the rest of its asset class. In this post, I’ll explain why and what I’m doing about it.

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.