Last month a long-time client stopped me after a review meeting and said, "this finally feels good again" . . . and that is what worries me.

When Marjorie ordered her usual morning latte, she did a double-take; the price was higher . . . again.  This was her one thing, however small that she really enjoyed a coffee at her local coffee shop, a quiet moment alone reading a book but even that was getting more expensive.  Her Social Security check would arrive on schedule, but it wouldn’t stretch quite as far. That small moment captures something much bigger: .....

If you’re a Gen-Xer like me, you probably have put more than a few quarters in pinball machines in your time.   Something about that was just a lot of fun.  Now, imagine yourself inside that machine, and that is what the markets have felt like so far this spring, and as we head into summer, it may not get much better. 

Warren Buffet has said that we will see who is wearing a bathing suit when the tide goes out. We have enjoyed two years of remarkable growth in the equity markets while the bond markets h

December 3, 2024 John Browning, MBA and CSA® | CEO, Principal I hope all who read this have had a good Thanksgiving holiday and that you enjoyed many things that money cannot purchase,