Newsletter
Market Recap
The first quarter was eventful for markets. Stocks traded higher to start the year, with the S&P 500 posting a modest gain in January. However, the market traded lower in March due to escalating geopolitical tensions in the Middle East and the Strait of Hormuz closure, which led to a spike in oil prices. The S&P 500 returned -4.3%, but despite the late-quarter volatility, there were bright spots. The average S&P 500 stock outperformed the broad index by nearly +5% as market leadership broadened, and manufacturing data showed signs of improvement. In this letter, we recap the key developments from Q1, discuss how higher oil prices impacted rate cut expectations, highlight how diversification benefited investors, and look ahead to Q2.
When Should I Start Taking Social Security - 5 Things to Consider
Social Security decisions are often framed as a single question: “When should I start drawing benefits?”
That question matters, but it can also be limiting. The better question is: how does Social Security fit into my overall retirement income strategy, including longevity and survivor considerations?
Firm Updates
Our office will be closed Monday, May 25th in Observance of Memorial Day.