What does sitting in cash cost you?

A reason for gratitude this season - healthy business spending.

For the majority of you, TIME IS ON YOUR SIDE Investing $50 per month = $174,551 in 40 years Investing $100 per month = $349,100 in 40 years Investing $300 per month = $1,047,302 in 40 years Investing $500 per month = $1,745,502 in 40 years. *assumes an 8% annual rate of

Working hard until I can wear a t-shirt everyday

2025 S&P 500 TARGETS Morgan Stanley: 6,500 UBS: 6,400 Wells Fargo: 6,600 Goldman Sachs: 6,500 BMO Capital: 6,700 The S&P has averaged about a 10% price return over the last 30 years. The average return estimate given these targets? 10%. Analysts are really going out on a limb

Current ClearBridge Recession Risk Dashboard

JPMorgan: Analysts are expecting earnings growth of companies outside of the Mag 7 to catch up in 2025.

Should I invest even though we're at all-time-highs? Time in the market > timing the market.

Trump announced he intends to place a 25% tariff on all imported goods from Mexico & Canada, the US's two largest trading partners, in an effort to slow immigration at the border. This may just amount to a bargaining chip. But it's a reminder that trade policy may drive

US equities have continued their dominance vs international equities this year and is on pace to post the best relative annual performance since 1998.

How To Rank #1 on Google in 2025

A comparison of Cisco during the dot-com bubble vs NVIDIA today. Valuations aren't nearly as stretched.

Top New Year's Resolutions according to a survey from the CFP board: 1) Saving more money 2) Exercising more 3) Reducing debt 4) Spending more time with family and friends Half of Americans are concerned about the impact debt will have on their financial well being/life plans

Bank of America key macro calls for 2025: 1) S&P Price: +10% 2) S&P Earnings: +13% 3) GDP: 2.4% 4) US 10-year treasury yield range: 4-4.5% Cited reasons for optimism: Productivity growth, expected fiscal policy shifts

With the market extremely concentrated in the top 10 largest stocks, investors have concerns over a possible bubble. However, performance has been fundamentally justified, unlike previous bubbles.

Small businesses, which typically account for more than 40% of the U.S. economy, say uncertainty is at its highest level ever.

When small business uncertainty has been high, the market has historically performed well regardless.

During previous US rate cutting cycles, fixed income has outperformed cash regardless of the economic landscape

3 potential paths forward for tariffs: 1) Trump starts cutting deals and tariffs are reduced or delayed longer 2) Courts or Congress block the tariffs 3) The pause is lifted, Trump stays the course, and this is a historic realignment of global trade Even with the pause,

Q1 GDP estimate showed a contraction of -0.3%, the first negative reading in 3 years. Largely due to a record high trade deficit as companies accelerated purchases ahead of the proposed tariffs. Consumer spending continued to grow, although at a slower pace.