Each week, the Stokes Family Office staff puts together a list of our favorite news and updates on all things Gulf South 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
- S&P 500 Firms Are Less Worried About a Recession.
- The media is full of anecdotes but earnings calls talk less and less recession.
- Apollo chart shows we’ve never had a recession at the current low level of recession talk.
- Walmart Beats Estimates, Raises Outlook
- As the largest U.S. retailer, Walmart can give particularly strong insight into the health of consumers and the economy.
- July: Shelter Accounted for ~90% of the [Otherwise Sleepy] Monthly Increase
- If 2% inflation is a target and not a ceiling, the Fed has really had all the ammunition it has need for months.
MARKETS NEWS
- What Happens to Bonds When Stocks Go Up?
- Ben Carlson looks at historical data saying, in summary, most of the time when stocks go down, bonds go up…but not all the time.
- High-quality bonds are a pretty good hedge against bad years in the stock market.
- The 60/40 Portfolio: Bonds Are So Back
- High-quality bonds show their mettle during recent market volatility.
- Overvalued or New Paradigm?
- Larry Swedroe examines whether or not the market, and the technology sector in particular, is overvalued.
- The tech euphoria, while potentially rewarding for early adopters, carries risks as inflated valuations can lead to sharp market corrections if AI’s progress fails to meet lofty expectations.
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. Want to hear more from our team? Check out the Lagniappe Podcast.
