The Eagle’s Eye January 2023 Client Letter

I trust everyone had a wonderful holiday season. Whether you reached your personal goals last year or faced challenges, a new year brings new opportunities and a fresh start. Let’s jump right into this month’s topic. The Setting Every Community Up for Retirement Enhancement Act of 2019, popularly known as the SECURE Act, was signed […]

The Eagle’s Eye October 2022 Client Letter

IBM defines cybersecurity as “the practice of protecting critical systems and sensitive information from digital attacks.” You may not be in the business of defending critical infrastructure from online threats. But fraud, identity theft, and online scams that target your finances pose significant challenges for everyone in today’s digital world. Armed with knowledge, vigilance, and […]

The Eagle’s Eye September 2022 Client Letter

Pivoting away from a pivot In July and into August, investors were warming to the possibility of a dovish reversal in Fed rate hikes early next year—a pivot, according to a closely watched gauge that measures rate expectations from the CME Group. Remarks from Fed Chief Jerome Powell’s press conference in late July fueled such […]

The Eagle’s Eye August Client Letter: A College Education Minus the Debt

Fully funding a college education without debt is no simple task. It’s no secret that the cost of a four-year degree has soared. But do you realize how much it has risen? According to Education Data Initiative, the average cost of college tuition and fees at four-year public schools has risen 179% over the last […]

The Eagle’s Eye July Client Letter: A Rocky First Half

The Wall Street Journal summed up the first six months of the year with a simple but telling headline: S&P 500 Posts Worst First Half of Year Since 1970. (The Wall Street Journal) Morningstar said the Dow’s performance was the worst since 1962.   Table 1: Key Index Returns   MTD % YTD % Dow […]

The Eagle’s Eye June Client Letter

We were treated to one of the greatest bull markets in modern history during the last decade. It’s not that we didn’t experience sell-offs. We did.  During 2011 and 2018, the S&P 500 Index came very close to entering a bear market (Yahoo Finance), which is typically defined as a 20% or greater pullback in […]

The Eagle’s Eye May Client Letter: The Fed Gears Up for Shock and Awe

Since the beginning of the year, the markets have been rattled by persistently high inflation and the question of how the Federal Reserve might respond. In March, it began with a simple 25 bp (bp = basis points, 1 bp = 0.01%) rate hike in the fed funds rate to 0.25%-0.50%. Unlike the rate-hike cycle […]