By: Mark Drachenberg, Senior Portfolio Manager and Trust Officer
No getting around it: August was a rollercoaster. Market volatility increased, understandably impacting investor confidence. So what do we have to look forward to in the near future – an upswing, a downswing, more of the same?
Topics: Financial Planning, Trust, Wealth Management, Stock Market, Economic Outlook, Economy
By: Marc McMerty, Assistant Vice President – Commercial Banking
According to a recent article in the Washington Post, economists are warning that specific economic signs are pointing to a recession. As a result, experts believe the Federal Reserve will begin to lower interest rates in an effort to reinvigorate the economy.
If your business is prepared for a market correction, it can be an advantageous environment for borrowing money.
Topics: Business Banking, Stock Market, Economic Outlook
By: Mark Drachenberg, Senior Portfolio Manager and Trust Officer
Summer has arrived, and with it, the return of long, hazy days, filled with lazing by the pool, or on the beach, or at the lake. A sense of peace and calm, that things are just right in the world.
Topics: Financial Planning, Wealth Management, Stock Market, Economic Outlook, DJIA, Economy
By: Jeff Supple, Vice President & Trust Officer
Steven Wright’s quintessential, dry-witted line about excess probably doesn’t do much for most of us, other than cause a chuckle. We probably aren’t looking for a deeper meaning or applying it to our everyday life. However, I thought it might be interesting to examine a few well-known idioms/quotes/sayings and explore how we might use them to make practical applications to our personal finances.
Topics: Financial Planning, Wealth Management, Retirement, Stock Market, Economic Outlook, Retirement Planning, Saving, Budget
By: Mark Drachenberg, Vice President and Senior Portfolio Manager
The following article – republished here courtesy of Broadridge Investor Communication Solutions, Inc. – contains sound advice for investors of any age and level of expertise. Regardless of one's market savviness, employing a back-to-basics approach can help keep things simple and provide perspective on one's goals and how best to achieve them.
Topics: Financial Planning, Wealth Management, Retirement, Stock Market, Retirement Planning, Saving
By: Mark Drachenberg, CFP®, Vice President and Trust Officer
If you are a fan of the mundane things in life, then 2018 was not your kind of investment year. On the other hand, if you thrive on the wild side, then the markets did their best to take you along on an adventure. A challenging year to say the least. The same might be said about 2019 once it is in the books.
Topics: Wealth Management, Stock Market, Economic Outlook, DJIA, Economy