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.
“Psycho Killer” – “Qu’est-ce que c’est?”
We interpret recent trading in U.S. equities to be pricing in an elevated chance of a recession within the next twelve months. We surmise that this view has taken hold of the markets as the markets seem to be assuming that the war will persist for quite some time. In its Financial Stability Report released this week, the Federal Reserve (Fed) voiced its concerns that diminished liquidity in financial markets has helped to make financial markets more volatile.
“Call Me the Breeze”
Since Russia’s invasion of Ukraine on February 24, potential variables affecting the real global economies as well as global financial markets continue to proliferate. Forecasting has become increasingly difficult as uncertainties increase.
“Comfortably Numb”
We understand that many investors and analysts have become “comfortably numb” to the extent any narrative is constantly repeated, such as elevated inflation concerns, likelihood of a recession, supply chain issues, China lockdowns, repercussions from the war and related Russian sanctions, and a hawkish Fed. Every now and then, certain people are awakened from their “comfortably numb” state when they are “surprised.” Volatility can be expected to increase during such times.
“Bad Moon Rising”
We assume continued volatility across virtually all financial markets for at least as long as the war persists. Also, we continue to forecast higher interest rates as part of a volatile trajectory. We suppose that a well-diversified portfolio of selected high-quality stocks that includes some commodity exposure could be the best strategy for many long-term investors. Our preferred approach is to anticipate and recognize “tradable bottoms” in equity markets so that we might take advantage of attractive entry points to purchase selected equities.
Wealth Planning
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.
Webinars and Events
Playbook for Market Volatility
Periods of market volatility always raise two questions: how much further down do we have to go and what actions should we take in response? Unfortunately, the former cannot be known with certainty and is outside of our control; however, the latter is within our control.
NewEdge Wealth Names Cameron Dawson as Chief Investment Officer
NewEdge Wealth Names Cameron Dawson as Chief Investment Officer – Dynamic thought leader boosts firm’s investment program to support family office and institutional clients
NewEdge Wealth Is Growing (Again)
The ultra high net worth wealth management firm further bolsters its ‘wealth’ of experience by welcoming eight new team members to its headquarters
The Ideal Transaction
Joined by NewEdge Wealth’s Ghislain Gouraige and Robin Petty, the panelists discuss best practices for entrepreneurs looking to sell their business, real-life success stories and pitfalls, and what they can do to prepare for the deal process.
An Update on the Fixed Income Market
Municipal bonds, the mainstay fixed income security for retail and ultra high net worth investors, started 2022 as “expensive” when measured as a percentage of Treasuries. That changed in a seeming blink of an eye.
Fireside Chat: Market Update with Lee Cooperman
Listen in as Rob Sechan, CEO and Co-Founder of NewEdge Wealth, and Lee Cooperman, Chairman and CEO of Omega Family Office, Inc., and Investment Advisory Board Member of NewEdge Wealth, discuss their general market thoughts and what the possible catalysts could be for a significant market decline.
Planning for Unforeseen Expenses: Borrowing vs. Selling Case Study
As this year’s tax payment and filing deadline draws near, investors are faced with the decision as to how to pay their tax bills: fund with cash, liquidate assets or borrow. While in a perfect world liquidity would be preset for such expenses, this is not always the case.
The Ten Surprises of 2022
The definition of a “surprise” is an event that the average investment professional would assign a one-out-of-three chance of taking place, but these are events Blackstone believes are probable, having a better than 50% chance of occurring.
Fearless Women: Women in the Arts
Susan Kim, Vice President and Wealth Advisor at NewEdge Wealth leads a discussion with Amelia Manderscheid, Vice President and Senior Director in Contemporary Art of Bonhams, Lara A. Björk, Founder of Von Rudebeck Art Advisory, and Lori Hotz, Co-Founder and Co-CEO of Lobus.