The Arc of Change
The arc of change bends towards justice but it isn't guaranteed. It requires hard work and tireless effort stretching across generations.
The arc of change bends towards justice but it isn't guaranteed. It requires hard work and tireless effort stretching across generations.
As we enter 2021, we expect to encounter potholes as well as progress, with an uneven path to global economic recovery over at least another year or two.
Vaccine rollout and increased spending on green infrastructure may make 2021 a much more positive year economically than 2020. Whether or not stock prices have further room to rise in the near term, is yet to be determined.
2020 brought dramatic change to our daily lives and prompted adaptation in many industries. Although 2021 will probably not be a smooth ride, progress will be the main theme.
Donor Advised Funds are powerful tools for legacy planning, can also benefit tax planning, and help mitigate gains from appreciated stock.
The growing role of technology in recent decades has expanded a new frontier of risk for companies and individuals alike: cybersecurity. Ironically, we refer to an invasive computer code as a virus.
Sarah Green, Director of Impact Investing, recently appeared on the Investing Forward podcast discussing community investing, CDFIs, and CNote.
All decision-making, in investing and in life, is made with partial knowledge. It is important to find the right balance of potential and security so that we can have peace of mind in the moment.
Environmental concerns have led many people to embrace electric vehicles. Demand is driving innovation and widespread adoption is sparking growth in new industries, especially around the reuse and recycling of batteries.
The vaccine announcements provide hope for the resumption of robust economic activity, but the market and the country will need to navigate a hard winter before the distribution process is functionally underway.
We believe a new phase of market growth will result from adaptation as we enter a new economic landscape.
Certainty has value. Uncertainty has potential. The balance of the two is vital to our continued growth, both individually and as a community.
The worsening pandemic and uncertain financial markets are causing optimism fatigue. The key to fighting this fatigue is consistency in approach and taking a long-term view.
During the election cycle, people wonder how each candidate or political party will impact financial markets. The specific party in the White House impacts market returns less than many people would like to believe.
There is anxiety about the near future and how it will affect financial markets. It's important to remember that short term variation is usually reversed at some point, averaging out to create consistent longer term results.
The shareholder vote is a powerful tool for creating systemic change within companies.
The reality for small businesses in the US is that the landscape is changing, but these shifts are also opening new opportunities and new audiences for business owners willing to adapt.
Q3 2020 Market Commentary
A "K" shaped pattern recognizes the dramatic variation in recovery among different industries, demographics, and individuals, and highlights the current inequality in our economy.
The recent presidential debate highlights the disruption of interrupted communication. In the markets, and in our personal financial lives, effective communication allows us to form expectations and act accordingly.
Stakeholders, not just shareholders, need to be considered to rebalance economic power and make a more sustainable financial system.