The Eagle’s Eye May 2023 Client Letter

Bank failures, rate talk, and economic anxieties Is the banking crisis finally in the rearview mirror? During March, Silicon Valley Bank (SVB) unexpectedly collapsed after it announced a plan to raise capital. Signature Bank (SB) was shuttered shortly after SVB’s closure. At the time, it was the second and third-largest bank failures in U.S. history. […]

The Eagle’s Eye April 2023 Client Letter

Have you ever reflected on the foundation of the financial system? What comes to mind? Banks, investors, the stock market, the bond market, or the credit markets? That’s partially true.  They are the underpinnings, but the foundation or the bedrock of the financial system is confidence. Without confidence, we are left in a very precarious […]

The Eagle’s Eye March 2023 Client Letter

The IRS announced that January 23 was the start of the 2023 tax season—or the date the IRS began accepting 2022 tax year returns.  If you have yet to file, most taxpayers have until Tuesday, April 18, 2023, to submit their tax return or request an extension. Taxpayers requesting an extension have until October 16, […]

The Eagle’s Eye February 2023 Client Letter

“Those who work their land will have abundant food, but those who chase fantasies have no sense.” This ancient advice from Proverbs illustrates the importance of financial fitness.  What is financial fitness? Well, we are all familiar with the term physical fitness. If pressed for a definition, we might define it in terms of our […]

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 December 2022 Client Letter

Crypto crash Stocks have been battered by the Federal Reserve’s quest to rein in the highest rate of inflation in 40 years. So far, however, investors have expressed little concern over the crisis that has rocked cryptocurrencies. It’s a far cry from the reaction to Lehman’s demise in 2008, which sparked the financial crisis and […]

The Eagle’s Eye November 2022 Client Letter

Long-term care includes a whole host of services that you may require to meet various personal needs. And eventually, around 60% of us will need assistance with things many take for granted, according to the Administration for Community Living, a division of the U.S. Dept. of Health and Human Services.  Whether it is because you […]

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 […]