Latest Investments & Planning Insights
Weekly Summary
At the end of the trading week, the team at NewEdge Wealth publishes its commentary on the week that was, as well as some insights into what it means for clients looking ahead.
“Karma Chameleon”
The Fed will have a difficult task in balancing the risks of tighter monetary policy to rein in inflation against the risk of financial instability. To what extent are these objectives compatible? To what extent will the Fed become a chameleon? To what extent will this change the Fed’s “karma?”
“Desert Rose”
We continue to stress that stock selectivity in this current financial market environment is of paramount importance. We are looking for that special “Desert Rose.” We remain wary that we are not imagining what we want to see, but instead keep an open mind so that we can better see the “reality” of a company’s fundamentals. Only then would we be able to properly assess the risk-reward of owning a particular investment. Another important consideration would be how a specific investment might fit into a diversified portfolio.
“Nothing Else Matters”
We continue to stress that stock selectivity in this current financial environment is of paramount importance. We will reassess our investment posture after we have analyzed the next set of monthly economic data. We maintain our strategy of buying equities only on downturns. We will continue to scrutinize investments on a risk-reward basis.
“Wind of Change”
As indicated in our commentaries of the past few weeks, we have been anticipating the rise in interest rates and USD. We have also advocated the trimming of equity positions. We maintain our strategy of buying equities only on downturns. We continue to stress that stock selectivity in this current financial market environment is of paramount importance. On Friday afternoon the two-to 10-year yield curve inversion increased to at least 85 bps. We interpret this as an indication that financial markets are pricing in the increased probability of a U.S. recession this year. We are hopeful that this might still be avoided. We will make a new assessment of this possibility after we have analyzed the next set of monthly economic data.
Wealth Strategy
A successful wealth strategy process benefits from a team of advisors, collectively focused on the goals specific to your family. Below are some of the insights and strategies the team at NewEdge has published on what it means to have a wealth strategy, rather than a simple financial plan.
Articles, Webinars & Media Appearances
Market Update With Cameron Dawson
NewEdge Wealth’s Chief Investment Officer, Cameron Dawson, addresses timely market updates.
“Hi Risk, I’m Human.”
Throughout 2022, the equity markets challenged even the most seasoned investor’s definition of “risk.” As one of the Partners here at NewEdge Wealth recently put it, when volatility spikes and asset prices fall in value, investors often realize that their risk tolerance is different than their risk capacity.
Ghislain Gouraige, CEPA® Joins The Practice Podcast
Ghislain Gouraige, CEPA®, Partner at NewEdge Wealth, recently joined Brett Maron and Jeff Bast on BAST AMRON’s The Practice podcast. He discusses his work with ultra high net worth families and #entrepreneurs as well as the many factors owners need to consider separately and apart from their companies.
The Ten Surprises of 2023
NewEdge Wealth’s Chief Investment Officer, Cameron Dawson, addresses timely market updates.
2023 Wealth Strategy Guide
A thoughtfully constructed wealth strategy takes a holistic approach to wealth management and understands how each piece interacts with the others. As your wealth increases, so do the complexities, potential risks, and unique opportunities available to you and your family.
CNBC Appearance: “The stock market is up because a recession may not occur this year after all,” says NewEdge’s Ben Emons
“The stock market is up because a recession may not occur this year after all,” says Ben Emons, Principal, Senior Portfolio Strategist at NewEdge Wealth.
Eight States Introduce Legislation Aimed to Tax the Wealthy
On Thursday, January 19, 2023, lawmakers from eight states joined together to introduce tax legislation targeting wealthy residents as a part of the “Fund Our Future” campaign. While coordinated, the proposals vary from state to state.
2023 Outlook: Enjoy What You Can, Endure What You Must
Hosted by NewEdge Wealth’s CEO and Co-Founder, Rob Sechan, and Chief Investment Officer, Cameron Dawson, the two take a deeper dive into our newly released 2023 Outlook, including the economy, policy, and markets in 2023.
2023 Outlook: Enjoy What You Can, Endure What You Must
As we exit a tumultuous 2022 and face the inherent uncertainty of a new year, we adopt the wise words of Goethe as our mantra for 2023: “Enjoy what you can, endure what you must.”