A House Divided

A House Divided

Earlier this week, the House of Representatives voted to remove Kevin McCarthy as speaker of the House.  While there has been no shortage of opinion and commentary in the media about this, one thing is clear, the revolt by a handful of Republican congressmen was...
You Just Never Know

You Just Never Know

2023 is shaping up to be a mirror image of last year.  The 2022 stock market rout was principally led by four sectors: Communications (-40%), Consumer Discretionary (-38%), Technology (-29%) and Real Estate (-28%).  Three of those four sectors now have a commanding...
End of the Road

End of the Road

Last year’s market selloff was almost entirely driven by the change in monetary policy by the Federal Reserve.  Last year saw an unprecedented 7 rate increases totaling 4.25%.  Those increases comprised the bulk of what the Fed needed to do to get inflation under...
GameStop Mania

GameStop Mania

The financial news has been filled with stories of huge gains in some of the most obscure stocks and battles between Wall Street titans and the proverbial little guy over these trades. Regulators and politicians have also started to chime in on action. So, what’s this...
Back to School, Covid Style

Back to School, Covid Style

These days have been interesting around the Alder Financial Group office with our two new interns, Sydney (7) and Morgan (5). Public schools around metro Atlanta are currently operating on a virtual only platform. My girls are currently in week 5 and thankfully many...
Big IRA Changes for 2020

Big IRA Changes for 2020

Amid the craziness that is 2020, I wanted to bring a few important IRA updates for this year to your attention. Some changes are temporary pandemic relief resulting from the CARES Act while others are here to stay due to the SECURE Act that was passed in late 2019....