Brendan Erne, CFA

Weekly Market Digest: The Trade War Takes Center Stage

Weekly Market Digest: The Trade War Takes Center Stage

This week, U.S. equities moved higher, quietly hitting all-time highs on hope that a “phase 1” trade deal with China could be nearing completion. But the week was filled with twists and turns, and on Friday President Trump even commented that the U.S. hasn’t...
Why is the Fed Cutting Rates?

Why is the Fed Cutting Rates?

Today, the Federal Reserve cut interest rates by 0.25%. The rate cut was anticipated by many due to sluggish economic growth abroad and softening economic growth at home. It’s important to note though, that there are still areas of strength in the economy,...
Weekly Market Digest: How’s the Economy Doing Heading into Q4?

Weekly Market Digest: How’s the Economy Doing Heading into Q4?

U.S. equities started the week strong, posting gains on Monday and officially ending the third quarter on a positive note. However, the momentum quickly soured following disappointing data on manufacturing and private payrolls. This left equities in the red,...
Weekly Market Digest: Trump Delays China Tariffs

Weekly Market Digest: Trump Delays China Tariffs

Signs of deescalating trade tensions coupled with accommodative monetary policy gave investors hope that economic growth will resume and this bull market will march higher. Ten year US treasury yields jumped, with investors abandoning the safety of bonds and...
Weekly Market Digest: The Fed Cuts Rates by 0.25%

Weekly Market Digest: The Fed Cuts Rates by 0.25%

This week, the U.S. Fed and the trade war each took turns knocking global stocks down from recent highs. On Wednesday, the Federal Reserve cut interest rates by 0.25%, but Chairman Jerome Powell indicated additional rate cuts were far from certain, leaving...
A Financial Checklist for New Parents

A Financial Checklist for New Parents

A Financial Checklist for New Parents If you’re expecting the arrival of your first child soon, chances are you’ve got a to-do list that’s a mile long. It probably includes everything from getting the new baby’s room ready and sending out announcement cards...
Weekly Market Digest: What Should You Expect From the Fed?

Weekly Market Digest: What Should You Expect From the Fed?

U.S. stocks took a pause this week, coming off recent highs as investors digested a mixed bag of corporate earnings and the possibility for a Fed rate cut at the end of July. Bonds and gold both ended the week higher. Abroad, China reported slowing economic...
What is Socially Responsible Investing (SRI)?

What is Socially Responsible Investing (SRI)?

Today is Earth Day, and in honor of our planet, we wanted to talk about Socially Responsible Investing, or SRI. At Personal Capital, we’re pleased to include SRI as part of our holistic investment management offering. With our Socially Responsible...