7th Inning Stretch – Be Royal

In honor of the Kansas City Royals currently sitting in 1st place and hoping to make it to the playoffs for the first time since 1985, this market commentary has a baseball theme. As August comes to an end, we have just reached the “7th inning stretch” with the lead. This analogy can be applied [...]

September 2nd, 2014|

A Thanksgiving Toast

If I could fit all of you in my dining room today, here's what I would say: Living the American Dream was not something my wife and I ever imagined in those first harrowing days of our firm; shortly after the bottom dropped out of the financial markets. Four years ago this month, Chladek Wealth [...]

November 28th, 2013|

Yikes: Private College Tuition for 2013 Babies

Did you have a baby this year? We did! Check out these staggering numbers: A child born in 2013 that begins kindergarten in the fall of 2018 would attend college between the years of 2031 and 2035.  If that child attended an average private 4-year college and if the annual price increases for private colleges [...]

November 19th, 2013|

Weekly Market Recap – November 15, 2013

It was a relatively quiet week on the U.S. data front, with the only notable releases being September international trade and the wholesale inventory report. International trade surprised to the downside – with the trade deficit widening to $41.8 billion – while inventories posted a sizeable monthly gain of 0.4%. Weaker third quarter economic growth [...]

November 15th, 2013|

Will Your Tax Bill Increase?

Did you know that individuals with no change in their income from last year could potentially owe the IRS because of tax law changes that went into effect in 2013? Do you know if you’re going to be one of those individuals? The modified adjusted gross income (MAGI) threshold for paying the new 3.8% Medicare [...]

October 16th, 2013|

Parsing the Fed Talk

The September Market Commentary was delayed by a week so that we could provide you with our comments about the important events that took place last week; specifically, Larry Summers removed himself from contention to be the next Federal Reserve Chairman at the beginning of the week, and the Federal Reserve released notes last Wednesday [...]

September 25th, 2013|

Market Commentary: Fed Stimulus Coming to an End?

With the rising stock market, we are seeing rising interest rates as the 10-year US Treasury note has moved from 1.64% in the beginning of May, to 2.15% at the end of May. It is important to keep the inverse relationship between the value of bonds and interest rates in mind. This means that as [...]

June 12th, 2013|

May Market Commentary: Why We Remain Cautious

The markets continued their climb higher last month, with the exception of the Russell 2000 which consists of small-cap companies. However, economic data points continue to show weakness. Below is a chart showing the economic data that was released the last week of April, as well as a column indicating whether the data was positive [...]

May 16th, 2013|

Market Correction and Childbirth… You’re in Good Hands

Now that my wife is almost nine months pregnant (due May 23rd) with our third daughter, we’ve been reminiscing about the last time we were at the hospital for the birth of our second daughter, Alexis.  Some of you may remember that day, too, because you were likely watching one of the cable news stations [...]

April 17th, 2013|

Current Market Perspective: We’ve Seen this Before

Sys·tem·ic According to the website Wikipedia, systemic refers to something that is spread throughout, system-wide, affecting a group or system such as a body, economy, market or society as a whole. Since the financial crisis began in 2008, many politicians, technocrats, media commentators and the like have denied that there are systemic problems in the [...]

April 17th, 2013|