Despite the pick-up in volatility at the end of January, risk assets continued their upward ascent throughout the month. Expectations surrounding the implementation of the newly passed tax reform bill and the weakening US dollar served as positive catalysts for the month.
With 39 percent of Americans feeling ill-prepared for retirement, according to the Employee Benefit Research Institute’s 2017 Retirement Confidence Survey, we are often challenged to come up with a solution to make saving easier.[1] Unfortunately, there are no easy solutions, and in the absence of u
In a widely anticipated move, the Fed increased interest rates by 25 basis points on March 15, 2017, the second interest rate hike in three months and there are talks of potentially two more raises this year.

There is no silver bullet when it comes to investing or wealth management in general… if there was, we would all be sitting on yachts and most likely not reading this article. However, there needs to be some clarity and calm on the very complex 'Brexit' subject for our US based clientele. 





We experienced first hand the creation of Exchange Rate Mechanism (ERM), Britain's exit from the ERM, the intro of the Euro, and now the exit from the EU (aka "Brexit"). Many people travel, but those who live in places differ tremendously than those who spend two nights in a city and are up at dawn to find the next locale in a neighboring country or city. When you live somewhere, you remember far more. Having lived in the UK for over 20 years, in the USA for over 15 years, and multiple other countries like Australia, Argentina, Senegal, Italy, France and Spain, here is our first hand perspective in short… 

  • The Brexit referendum consisted various complex subjects (immigration, EU participation, grants, trade). Some voted with their emotions, some voted with their wallets...


  • Brexit now allows a potential UK Independence Day that will compete with July 4th (parody!)

  • Brexit will mean higher inflation, higher unemployment, slower growth, higher interest rates in the UK

If you are still concerned, and require more extensive reading, please click the below link on the recent Goldman Sachs Economic Outlook. 




Need personal financial advice? Get in touch with us instantly for an on-demand in person meeting or phone call on any financial subject matter. Just click here.



Connect and Read More About Us    

Hedges Wealth Management LLC - A Registered Investment Adviser
Hedges Insurance Agency LLC
Tax, Financial Planning, Investments and Insurance Advisors
1279 Dingle Road | Mt Pleasant | SC 29466
T  +1 843 270 2534 




 





If you are looking for more information on any subject in this Blog, please Contact Us directly electronically or via phone. Thank you.



Posted by
Location: HWM, 1279 Dingle Rd, Mt Pleasant, SC 29466, USA
Labels: America Brexit Charleston Miami Charlotte Atlanta Financial Advisor SC NC FL GA EU euro Independence inflation Unemployment USA
After an extremely volatile quarter, the broad equity market indexes ended just about where they started. Risk assets began the year under heavy pressure, with the S&P 500 Index declining more than -10% to a 22-month low on February 11.
On this week’s podcast (recorded February 26, 2016), Bill Miller, CIO from Brinker Capital discusses the recent string of positive news, the hopeful outcome following the G20 Summit, and what still remains as cause for concern:

What we like: G20 Summit underway to discuss new policies intended to h
After three years of strong market returns, 2015 performance was relatively flat combined with higher volatility across most asset classes.
Follow in privacy.
Follow in privacy.
Followers of this blog are not listed.
Subscribe
Subscribe
Blog Archive
Blog Archive
Subscribe
Subscribe
Contact Us
Contact Us
Tel +1 843 270 2534 | F 704 919 5946 | clientservices@hedgeswealthmanagement.com
Hedges Wealth Management LLC - A Registered Investment Adviser
Hedges Insurance Agency LLC
1300 Appling Drive #201 | Mt Pleasant | SC 29464


If you are looking for more information on any subject in this Blog, please Contact Us directly electronically or via phone
Thank you.


Picture
Picture
Loading
x Offline - Leave a message