The stock market and economy continue to show greater strength than predicted. Back in late August of 23, John Lui our CIO wrote “As the US economy, corporate profits and inflation trends improve, the S&P 500 will continue to rise, which will force the sell siders to move to the middle of the boat (neutral) or right side of the boat (bullish) and again revising upward their S&P 500 target prices”. John’s call was very prescient as the market has risen spectacularly since early October and now the sell siders have moved to the middle and right side of the boat. In fact, this morning (April 1 – both Goldman Sachs and HSBC have raised their price targets for the S&P 500 again) (Bloomberg).

How quickly things change! As I write this update, we are within a hair of the all-time highs for the S&P 500.

After experiencing an extended ultra-low interest rate environment from the 2008 Financial crisis through early last year, interest rates have now moved significantly higher. Here's something to consider..

It was almost four years in the making; but the big transition to Charles Schwab from the TD Ameritrade platform was completed over Labor Day weekend (Charles Schwab purchased TD Ameritrade in 2019).

We are hiring! Are you a financial services professional looking to leave a commute behind? Come work in Chatham, NJ. Apply via LinkedIn or email your resume to info@chathamwealth.com

The economy continues to perform as we have predicted.

Dan Moskowitz offers his review and outlook as of July 2023

Buying High yield savings, T-bills, and CD’s will help!

Wow, What a flurry of activity! Daily volatility in the markets has increased substantially in the first part of 2023. A regional banking crisis, changing inflation projections, and geopolitical stress has led to the largest daily…

My great Aunt June recently passed away at 102 years of age. She was an incredible person and lived life to the fullest. June was born in New York City, graduated from University of North Carolina (80 Years ago) and was a very well…

From the economists at First Trust, one of our trusted partners, below is their brief commentary and most importantly the data that drives their commentary.

2023 will mark the 50th anniversary of John Raab starting his own investment advisory business. Many of our current clients started with him shortly thereafter and are still with us today - Thank You! Here's what to consider in 2023!