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The recent swoon in the market could be attributed to confusion and uncertainty around the United States’ new tariff and trade policy. The Trump administration has announced a flurry of current and potential future tariffs, that are changing and evolving almost daily, making it difficult for investors to adequately understand the goals, the economic impacts, and the potential unintended consequences. As such, the market has traded down on general uncertainty about our overall trade policy. Tariffs were a campaign promise to rectify certain inequities among our trading partners. As expected, shortly after the inauguration, the new administration announced tariffs on three of our largest trading partners. These tariffs were presented as a way to pressure Canada, Mexico, and China to assist with curtailing our immigration and fentanyl problems. Some tariffs were imposed, some changed, some delayed, and some are still being negotiated. The lack of clarity has caused confusion as...
11.03.2021
for immediate release MONTECITO CA, NOV. 3 2021 – Manchester Capital Management is pleased to announce the addition of Phil Kirshman to their Montecito, CA office. Phil will be responsible for leading the Environmental, Social, and Governance impact investing efforts of the firm and supporting clients who want their portfolios to have a measurable social and environmental impact in addition to a positive financial return. With 35 years of financial management experience, Phil is a recognized leader in the sustainable and impact investing space. Prior to joining Manchester Capital, he held various leadership roles including Co-Founder and Chief Investment Officer for Cornerstone Capital group where he led their investment advisory division. Most recently, Phil founded Impact Metropolis, a social media platform for impact investing ecosystems. Phil has earned both the Chartered Financial Analyst and Certified Financial Planner® designations. He holds B.A. in Philosophy and Legal Studies from the University of...
