In Part 1 of this posting, I talked about how the government’s monetary policy is executed through the Fed to modify interest rates. To recap: the Fed cannot control interest rates; it can only influence them, and realistically speaking only short-term rates at that. In order to keep long-term rates low to stimulate the economy…
Read more
As you may have read in the media, the Federal Reserve (Fed) raised its benchmark interest rate to 1.00% in March. This was the second increase in just three months and the most the Fed has raised the rate in over eight years. What’s the significance of such rate hikes, particularly to investors? Let’s start…
Read more
Chances are when you visit the doctor for a physical checkup, you go to a general practitioner. You probably wouldn’t go to an ear, nose, and throat specialist. Although the latter would have more expertise in those particular organs, it’s the broad view of your body that you’re looking to understand. Why isn’t it the…
Read more
Suppose you have a hot water heater in your home that works only intermittently. You go to your local Home Depot only to find that they won’t have a replacement model available for six months. Would you wait until the replacement is available before removing the old unit, or would you immediately yank the defective…
Read more
President Trump today ordered that the Department of Labor’s Fiduciary Rule – scheduled to begin implementation on April 10th – be delayed pending a review by his administration. What impact is this expected to have on consumers? Some background first. When it came to providing investment advice prior to 2016, Registered Investment Advisors (aka RIAs,…
Read more
According to the Federal Reserve’s most recent Beige Book – a collection of anecdotal information on current economic conditions in each of its 12 districts – the U.S. economy continues to strengthen. Several districts reported a pickup in manufacturing, and the energy sector in particular was experiencing an uptick in employment for the first time…
Read more
Cognizant Wealth Advisors, LLC ("Cognizant"), dba Perigon Wealth Management, LLC (“Perigon”) is a registered investment advisor.
© 2024 - Cognizant Wealth Advisors
Recent Comments