What's Morphed in 2024Q1? It’s all about inflation and the Fed’s interest rate reaction function. From the absence of forward guidance to the incessant data dependency – understandably in a time of uncertainty – the Fed is feeling its way to a landing. In the prepared...
2023 reminds me of the “Everything Everywhere All at Once” movie. The most anticipated hard landing or recession did not happen even after a rapid 525bp increase in interest rates since 2022. Chair Powell said that the FOMC is “navigating by the stars under cloudy...
Executive Summary The first half of the year was full of hope that inflation will continue to decelerate and thus the Fed will take its foot off the rate hiking gas. The scenario of a soft landing fast became the (desired) base case. This is the immaculate...
2023 Q2 Commentary: Clear as Mud The second quarter data continue to support every market narrative – more noise and few clear signals. The stock market extended its first quarter advance, and the S&P 500 Index in June entered a new bull market (20% above the 2022...
2023 Q1 Commentary: Walk and Chew The excitement and relief of “no landing” and “soft landing” in the U.S. during the past 6-months have given way to a hard landing scenario on March 10th when Silicon Valley Bank was shut down by federal regulators. An investigation...
An overview of how COVID negatively impacted both supply and demand worldwide.
A lot of money is being spent on transitioning to “new energy,” but we are not ready to abandon our current energy infrastructure completely. There are investment opportunities in both old and new energy.
2022 Q4 Commentary: The Future is Always Uncertain 2022 was a year of non-linear recovery which incorporated significant political, financial, investment and human turmoil. Many of us are glad that 2022 is behind us, but time is a human construct. There is nothing...
Please access our summary of the Labor Department’s long awaited final rule on Financial Factors in Selecting Plan Investments here. We find the approach in the investment selection process for fiduciaries to remain consistent with the long-imposed ERISA framework. ...
This is the 3rd quarter of 2022 market commentary which represents the current views of Experiential Wealth, Inc.
This is the 2nd quarter of 2022 market commentary which represents the current views of Experiential Wealth, Inc.
This is the 1st quarter of 2022 market commentary which represents the current views of Experiential Wealth, Inc.
This is the 4th quarter of 2021 market commentary which represents the current views of Experiential Wealth, Inc.
INTRODUCTION On October 14, 2021, the Department of Labor (DOL) issued proposed rule, Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights , which replaces the current regulation, the Financial Factors in Selecting Plan Investments rule...
This is the 3rd quarter of 2021 market commentary which represents the current views of Experiential Wealth, Inc.
This is the 2nd quarter of 2021 market commentary which represents the current views of Experiential Wealth, Inc.
ERISA and the IRC establish prohibited transaction provisions that generally exclude fiduciaries, with respect to workplace retirement plans (Plan or Plans) and individual retirement accounts and annuities (IRAs), from engaging in self-dealing and receiving...
This is the 1st quarter of 2021 market commentary which represents the current views of Experiential Wealth, Inc.
The Employee Benefits Security Administration of the Department of Labor issued a new guidance for plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act (ERISA). The guidance offers tips and best practices in three areas: Tips for...
This is the 4th quarter of 2020 market commentary which represents the current views of Experiential Wealth, Inc.