A Window in the Real Estate Market 

…to your wealth manager if you would like to discuss the best approach for your family. References https://www.msci.com/www/research-report/rca-commercial-property-price/03729651564 ↩︎ https://fred.stlouisfed.org/series/FEDFUNDS ↩︎ https://www.morningstar.com/economy/september-fed-rate-cut-looks-likely-then-what ↩︎ https://www.msci.com/www/research-report/rca-commercial-property-price/03729651564 ↩︎ www.costar.com ↩︎ Additional Sources https://fred.stlouisfed.org/series/UNRATE…

The Year in Numbers

…[21] Ramsey Solutions (https://www.ramseysolutions.com/financial-literacy/financial-literacy-crisis-in-america#:~:text=REPORT%20SUMMARY,felt%20stress%20because%20of%20money) [22] Ars Technica (arstechnica.com/space/2023/11/2023-has-been-another-year-with-a-record-number-of-orbital-launches/) [23] Economic Policy Institute (https://www.epi.org/productivity-pay-gap/) [24] Digital Trends (https://www.digitaltrends.com/computing/chatgpt-cost-to-operate/) [25] National Library of Medicine (https://pubmed.ncbi.nlm.nih.gov/29961088/) [26] Yahoo.com (finance.yahoo.com/news/one-chart-shows-how-the-magnificent-7-have-dominated-the-stock-market-in-2023-203250125.html). [27] Forbes (https://www.forbes.com/sites/kenroberts/2023/10/15/for-first-time-oil-likely-to-be-top-us-export-in-2023/?sh=592d9e407861) [28]…

Global Energy: No Easy Answers 

…[1] https://www.nytimes.com/2022/06/11/business/energy-environment/gasoline-price.html [2] https://commonslibrary.parliament.uk/research-briefings/cbp-9491/ [3] https://www.politico.eu/article/germanys-imported-energy-prices-more-than-doubled-in-february/ [4] https://www.statista.com/statistics/1314549/netherlands-monthly-wholesale-electricity-price/ [5] https://www.bloomberg.com/news/articles/2022-07-26/eu-nations-reach-agreement-to-reduce-gas-use-for-next-winter [6] https://www.cnbc.com/2022/07/24/german-industry-cuts-production-due-to-high-energy-prices-dihk-survey.html [7] https://www.cnbc.com/2022/03/31/us-to-release-1-million-barrels-of-oil-per-day-from-reserves-to-help-cut-gas-prices.html [8] https://www.wsj.com/articles/opec-allies-agree-to-boost-oil-production-ahead-of-bidens-saudi-visit-11656592928 [9] https://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_a.htm [10] https://www.nationalreview.com/the-morning-jolt/why-diesel-fuel-costs-are-really-rising/?utm_source=Sailthru&utm_medium=email&utm_campaign=MJ_20220517&utm_term=Jolt-Smart [11] https://apnews.com/article/russia-ukraine-germany-d040fce8b07abc2ab6bb2cbf31a0df47 Disclosures This material is solely for informational purposes…

Information Searches: Let the Buyer Beware 

…through bone like butter.”  But you didn’t hear that from us.  https://www.theleverageway.com/blog/real-deal-with-bob-kehoe-best-place-to-hide-a-dead-body/ ↩︎ https://indianexpress.com/article/technology/artificial-intelligence/microsoft-chat-gpt-bing-edge-web-searches-8433163/ ↩︎ https://duckduckgo.com/?q=where+is+the+best+place+to+hide+a+body%3F&t=newext&atb=v299-1&ia=web ↩︎ https://www.oberlo.com/statistics/search-engine-market-share ↩︎ https://www.usnews.com/opinion/articles/2016-06-22/google-is-the-worlds-biggest-censor-and-its-power-must-be-regulated ↩︎ Disclosures This material is solely for informational purposes and…

Winter is Coming

…market’s future. Rising VIX levels can serve as an early indicator of a coming recession. Date source: https://www.cboe.com/tradable_products/vix/vix_historical_data/ The yield curve has historically served as another indicator of a coming…

Conversational AI: Expectations & Reality

…and in short order the AI produces whatever end result we desire, from writing computer programming language to composing a sonnet.  The pace of change in the technology space can…

Sustainable Investing – Seeking a Lower Carbon Path

…incorporate investments that meet both their financial and sustainability objectives. End Notes 1 https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter 2 https://academic.oup.com/rfs/article- abstract/33/3/1067/5735302 3 https://www.thebalance.com/a-short-history-of- socially-responsible-investing-3025578 4 https://www.wsj.com/articles/esg-funds-draw-sec-scrutiny-11576492201 Disclosures This material is solely for informational purposes…

Don’t Wait Outside of the Storm

…out if you have questions or would like to discuss your own situation. [1] https://www.barrons.com/articles/bofa-recession-soft-landing-economy-f2ce2c1e [2] https://gasprices.aaa.com/ [3] https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023 [4] Strategas Disclosures This material is solely for informational purposes and…

Looking back, Looking Forward

…times. We would welcome your thoughts on the year behind and year ahead. [1] Get Ready for the Richcession – WSJhttps://www.wsj.com/articles/get-ready-for-the-richcession-11672615577?mod=Searchresults_pos1&page=1 [2] DAILY TREASURY STATEMENT – Cash and debt operations…

Commercial Real Estate as an Inflation Hedge

…to increase over time, properties must maintain their usefulness. The chart below shows Green Street’s commercial real estate price index since 1998, which combines all major commercial property types. The…