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
- 9 Once-Hot Economic Charts That Cooled
- From business investment and job openings, to home affordability and household finances, Sam Ro examines once-hot metrics that have cooled off.
- What’s Known
- Paul Podolsky writes, “In an environment of known unknowns, I focus on what is knowable and adjust my thesis as new information emerges. For me, this is not a buy-and-hold environment, agility is required.”
- He lists in detail 10 things that are knowable
- Three Things I Think I Think
- Cullen Roche goes through three things he’s thinking about: he says there is no recession in sight, gives an update on his upcoming book, and talks about his experience with the LA fires.
MARKETS NEWS
- Look Both Ways
- Highlighting Michael Burry’s famed 2008 prediction followed by subsequent prognoses that haven’t come true, Adam Grossman emphasizes the uncertainty inherent in financial forecasting and the importance of being aware of various factors that can influence investment outcomes.
- He says that while historical data can serve as a guide, it is crucial for investors to remain vigilant and adaptable to changing market conditions.
- Stocks Are More Expensive Than They Used to Be
- Michael Batnick discusses the elevated valuations of the stock market, particularly through the lens of the Cyclically Adjusted Price-Earnings (CAPE) ratio.
- Who’s Afraid of Rising Treasury Yields? Not Stocks
- Nir Kaissar looks at historical data on rising treasury yields. He advises investors not to overreact to increasing Treasury yields but to maintain a balanced perspective, taking into account the broader economic context and the intrinsic value of stocks.
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.
