Silicon Valley Bank: Important to Know
Posted on March 13, 2023 • My2Cents
Last Friday, Silicon Valley Bank (SVB) announced they needed to raise capital for liquidity purposes. In today’s social media world, some analysts and investment managers questioned their exposure to smaller upstart tech type companies. When others suggested companies doing business with them begin pulling deposits from the bank this was the equivalent of someone screaming […]
What can I do to prepare for the upcoming crash?
Posted on March 7, 2023 • My2Cents
Recently we held our 2023 Question and Answer breakfast at the historic Rowan Museum. While I am used to tough questions, the one above caught me a bit off guard. However, in a world where disaster sells there are impending doom headlines everywhere. After giving it some thought, I was thankful that the question was […]
Find The Good
Posted on December 14, 2022 • My2Cents
Recently I attended my first Commonwealth National Conference in nearly 5 years, with the conference theme being “Find the Good”. And after 40 years studying economics, investments, and financial planning trends I came back excited with pages of notes to incorporate into our work. Recently investors have been ‘finding the good’ with various economic reports […]
A Stubborn Economy
Posted on October 26, 2022 • My2Cents
As we move through October, the financial markets continue to be bumpy on a day-to-day basis. Conflicting data abounds, one day a stronger than expected employment report and the next an inflation number that is considered too hot. The Federal Reserve keeps raising interest rates to try and slow things, but the economy is stubborn […]