No Risk-Free Path

During last week’s press conference after the Federal Reserve’s (Fed) rate decision, Chairman Jerome Powell warned his audience there is no risk-free path for interest rates right now. Inflation is above target and growth appears resilient. We think that the soft labor market will eventually weaken inflation pressures, so the Fed is making the right […]

Weekly Bottom Line

 The Fed resumed rate cuts at this week’s FOMC meeting, lowering the policy rate by 25 basis points to 4.00%- 4.25%. The Fed’s “dot” plot pointed to two more cuts by the end of this year, but it also showed one member who expects a lot more easing. Retail sales came in better than expected […]

Navigating Recent Market Volatility – What You Need to Know

The financial markets have had a rough week following the recent announcement of a new Trump tariff package. Wes Johnson of ACT Advisors, a fee-only fiduciary wealth management firm with offices in Mount Pleasant, SC, and Asheville, NC, breaks down what’s happening, what it means for your portfolio.

Navigating Market Volatility: Why This Stock Market Drop Is Normal

The stock market has hit a rough patch recently, causing some investors to feel uneasy. But before you panic, it’s important to put this downturn into perspective. Wes Johnson of ACT Advisors, a fee-only fiduciary wealth management firm with offices in Mount Pleasant, SC, and Asheville, NC, explains why this market pullback is not only expected—but completely normal.