People should be more concerned with the return of their principal than the return on their principal. – Will Rogers In light of recent events surrounding the collapse of Silicon Valley and Signature Banks, and concerns around First Republic and the banking system as a whole, we have received questions from clients wondering: Should I […]
Silicon Valley Bank (SVB), the 16th largest U.S. bank by assets, was forced into FDIC receivership on Friday, March 10, 2023, after a classic run on bank deposits following concerns about investment losses and its inability to raise capital. Two other banks also failed in the last few days. A common thread among these banks […]
The Federal Reserve (Fed) has been raising interest rates for a year in its attempt to cool inflation; but with inflation still hovering above 6%,1 it remains far from the Fed’s 2% target. At first glance, it appears the Fed has a lot left to do, but the Fed believes there’s only one major inflation […]
On January 19 the U.S. reached its $31.4 trillion borrowing limit. Since then, the U.S. Treasury has resorted to “extraordinary measures”1 to extend the U.S. government’s ability to continue paying its expenses without breaching the debt limit. The Treasury will likely exhaust its options sometime between June and September, at which point it will reach […]
Women today manage many responsibilities such as caring for aging parents, managing children’s education and schedules, volunteering, and working full-time — whether inside or outside the home. With numerous demands on their time and energy, even women who are knowledgeable and equipped to make financial decisions find that their finances often fall to the bottom […]
Written by Jared Simmons, Private Wealth Advisor at Ronald Blue Trust Psalm 24:1 says, “The earth is the LORD’s, and everything in it, the world, and all who live in it.” Everything we have has been entrusted to us by God and how we use it defines whether we are faithful stewards or not. Stewardship […]
Every January, we pause and remember the legacy and impact of Dr. Martin Luther King, Jr. Confronted with often violent opposition, he fully embraced a peaceful approach, nonviolent resistance, and quiet strength when advocating for his belief in a more just society. Dr. King was said to be greatly influenced by Mahatma Gandhi, who believed […]
