When you check CNBC on the first Friday morning of each month or scan the Wall Street Journal’s markets section, you encounter a familiar set of employment numbers: jobless claims, continuing claims, new jobs created, and the unemployment rate. These figures move markets, influence Federal...
There are moments in this business that don’t happen on a stage or come with an announcement. No one is keeping score in real time, and there is rarely immediate recognition tied to them. They show up in quiet conversations, long drives between meetings, and the extra follow-up call that was not...
Why filling the right roles matters more than hiring ‘good people’ If, like me, you have been following the New York Mets heading into the 2026 season, you might feel a familiar sensation: optimism mixed with mild anxiety. Scratch that. Severe anxiety. We have a shortstop recruited to play third...
U.S. equity markets continue to post strong headline performance, but beneath the surface, this performance is primarily associated with artificial intelligence. A small group of mega-cap companies now accounts for a historically large share of index returns, index weights, and investor...
I am writing this after watching another Liverpool FC match in which they gave up the lead twice. This seems to be the theme of the season: brilliant going forward, a tad shaky at the back, which reminded me of something we see in advisory firms all the time. You can have incredible new business...
The U.S. economy and financial markets navigated a complex transition throughout 2025. What began as a year clouded by contraction, tariff-driven distortions, and consumer fatigue gradually evolved into a more stable and resilient backdrop compared with the volatility that marked the first half....
There’s something special about seeing a team come together for a cause that matters. Over the past few months, our Beacon Capital Management family rallied around our annual charitable giving initiative, and watching it unfold reminded me why I’m so proud to be part of this organization. We set...
Words Shape Perception In the world of financial advice, words carry weight. They shape perceptions not just of what we do, but of who we are as professionals. Unfortunately, the language we have inherited does not always serve us well. Words like “selling” and “product” creep into conversations...
Investors have heard the phrase “soft landing” for two years now. More recently “no landing” has started to show up in headlines. These phrases are sometimes treated as hype, or rhetorical framing, or clickbait. But the reality is they describe two different combinations of growth and inflation....
Every day, new economic data makes headlines: a strong jobs report, a dip in factory activity, or a shift in consumer spending. For most people, it is not always clear how to interpret these numbers or what they mean for the broader economy. Do rising jobless claims signal trouble ahead? Does a...
