Our Work
Ask a Planner – Dana Cahan, CPWA, Wealth Advisor
- I’m Starting to Plan for My Financial Future, Where Should I Start? The beginning of the year tends to spark conversations around income and expenses. To aid in your planning and organizing, we’ve created a budget data gathering workbook with important data points to consider. [Budgeting Workbook]
- I’m Planning to Retire in 5-10 Years, What Should I Do to Get Started? This workbook is designed to help you collect and organize the information needed to develop your Retirement Plan which includes your goals and the resources available to fund them. [Retirement Workbook]
Use these workbooks as a personal tool or reach out to your advisor to discuss.
Primary Sources
- Jerome Powell: Full 2024 60 Minutes Interview Transcript: 60 Minutes correspondent Scott Pelley interviewed Federal Reserve Chair Jerome Powell in the Board Room at the Federal Reserve headquarters in Washington, D.C. Here is the transcript. [CBS]
- Federal Reserve Issues FOMC Statement: Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. [FRB]
News
Financial Markets
- On the High Seas, a Pillar of Global Trade Is Under Attack: Security crises from Red Sea to Black Sea pose a troubling question: How much has freedom of navigation been an anomaly? [WSJ]
- Commercial Property Losses Hammer Banks on Three Continents: Banks in the U.S., Japan and Switzerland announced losses tied to troubled real-estate lending. [WSJ]
- The Confusingly Strong Economy Told in Three Stories: The plausible explanations for the economy’s apparent immunity to high interest rates each lead to different outcomes for the markets. [WSJ]
- Investors Are Almost Always Wrong About the Fed: Wall Street clings to hopes for interest-rate cuts despite inflation fears. [WSJ]
- Why Americans Are So Down on a Strong Economy: Many feel their long-term financial security is vulnerable to wide-ranging social and political threats. [WSJ]
The above chart shows a projected acceleration in US eCommerce, increasing from 7.8% in 2023 to 8.9% in 2024.
Business Strategy
- Fewer Workers Are Quitting. Here’s What That Means for the Economy: Surge in pandemic resignations subsides, with many workers struggling to find an opportunity good enough to quit. [WSJ]
- Universal Music Group Pulls Songs From TikTok: The music giant, home to stars like Taylor Swift and Drake, had threatened to withdraw licenses for its tracks to the social media juggernaut if they failed to come to a new agreement. [NYT]
- From Tom Brady To Arnold Schwarzenegger—Here Are The Super Bowl Commercials With The Biggest Stars: A year of record-breakingly expensive Super Bowl commercial slots has brands pulling out all the stops to advertise food, beer, e-commerce platforms, cosmetics and more with the help of some of Hollywood’s biggest stars, from reality TV mogul Kris Jenner to legendary actor Patrick Stewart and fan-favorite quarterback Tom Brady. [Forbes]
- Taylor Swift Effect? Super Bowl To See Three Health and Beauty Brand Ads: A trio of health and beauty brands are buying pricy commercial time for CBS Sports’ coverage of Super Bowl LVIII. Two of them are new to the Big Game, the third is returning from a long hiatus, and more brands could still enter the mix by Feb. 11. [Front Office Sports]
Ferrari launches 4 special series and limited edition models for 2024.
Life & Work
- The 49ers Defy Modern Football. It’s Why They’re in the Super Bowl: The San Francisco 49ers have reached the Super Bowl thanks to a strategic twist that’s changing the NFL. [WSJ]
- HS Tales of Super Bowl Stars: Mahomes, Kelce, Purdy, Kittle: Over 100 million people will watch some of the best athletes in the world compete for the Kansas City Chiefs and the San Francisco 49ers in Super Bowl LVIII on Sunday, but there will be a select group of observers who remember those athletes when they were less famous. [ESPN]
- The Hottest New Bedtime for 20-Somethings Is 9 PM: Forget barhopping or even dinner out—more young professionals prefer turning in early. [WSJ]
- The People Buying Apple’s $3,500 Vision Pro Headset: Die-hard fans gather at Apple’s Fifth Avenue store; ‘I want to be a part of history’. [WSJ]
Apple’s Vision Pro headset has arrived, featuring built-in apps such as Messages, Photos, and Safari, along with third-party applications like TikTok, Disney+, and Microsoft 365.
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