Modera’s investment team is pleased to provide our market review for the second quarter of 2024.
The Modera Wealth Research Team and I are happy to share our first quarter 2024 market and economic review.
We have all been on flights where the pilot informs us that turbulence is ahead.
Sometimes even the best of ideas are only good in theory because they are impossible to implement in practice.
While a full-blown banking crisis is not likely, the recent Silicon Valley Bank failure provides a great opportunity to review your cash management strategy.
As a follow-up to the developing news on Silicon Valley Bank (SVB), we thought we would share some additional insight around questions we are hearing from clients related to FDIC insurance and the safety of their investment accounts at our custodians.
On Friday, Silicon Valley Bank (SVB) was seized by U.S. regulators after there was a run on the bank. This failure of the nation’s 16th largest bank raises several issues we want to address.
In ranching country, experienced livestock raisers know that periods of drought are inevitable. Not only that, but they know that there are certain things that need to be done during the dry times in order to be able to take maximum advantage of the rains when they begin to fall again in the future. Knowledgeable ranchers will utilize drought cycles to make sure their water reservoirs are in good shape; sometimes they will dig new ones. They’ll give special attention to their pasturing plan, being certain to make the most use of their available resources in order to keep their pastures healthy and ready for the next rains.
At the end of December Congress passed a bill (signed by President Biden) authorizing roughly $1.7 trillion in new Federal spending.
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Investment Commentary: Q3 2024
Hello everyone,
Welcome to our third quarter market perspectives. It feels strange writing about the strength of the markets, the resilience of the economy, the broad stability of the employment outlook, and the first Federal Reserve rate cut in four years. It is strange because many of our colleagues, clients, and friends in Tryon, Asheville and the Western North Carolina region are struggling. Hurricane Helene devastated towns, destroyed homes and businesses, and shook people’s psyches. As I write this, many are still without power, water, internet and only have spotty, if any, cell service.