The New Capital Journal
Financial news, views, advice, and guidance.
Brought to you by New Capital and our business partners.
Weekly Market Commentary
U.S. stocks surged and Treasury yields fell sharply after the core October CPI rose a lower-than-expected 0.3%. We think this is finally an encouraging development on inflation but doesn’t yet change the overall picture.
Markets Don’t Wait for Official Announcements
Some investors may worry about the stock market sinking after a recession is officially announced. But history shows that markets incorporate expectations ahead of economic reports.
What Is the Outlook for Long-Term Returns?
Markets offer the best potential long-term returns in more than a decade.
When Higher Inflation Meets Your Withdrawal Rate
While few are predicting a 1970s-style inflation spiral, it’s still worth thinking through how inflation could affect your plan.
Keeping Beneficiary Designations Up to Date
If you don’t know who your beneficiaries are, then it’s time for a beneficiary designation check. Even if you think you remember, every now and then, they should be checked.
FTX’s Leaked Balance Sheet
Cryptocurrency exchange FTX has filed for bankruptcy as the exchange's finances have unraveled amidst a bank run. What was the state of FTX's finances in its final moments?
Is a Slower Rate Hike Path on the Horizon?
Powell suggested that a smaller pace of rate hikes may come as soon as the next meeting, but emphasized that the more important question is how high rates need to go, and for how long.
IRS COLA Changes for 2023
Inflation is typically hard on retirement savers. As inflation cumulates year over year, an account balance will be losing purchasing power even if it’s still growing.
The Red Flags of Elder Financial Abuse
Combatting fraud takes education and a plan for trusting the right people.
Top 10 Success Tips for Estate Planning
The more planning done in advance, the more likely your loved ones will know what to do. ?Here are 10 key tips for estate planning for you to consider.
2022 New Capital Annual Conference - Presentations and Slides
Thank you to those who joined us in person and virtually for the us for the 2022 New Capital Annual Conference. We are pleased to share recordings of the presentations and slides.
Trust the Financial Advisor Who Trusts the Market
With over 200,000 financial advisors in the United States, how do you pick one?
Market Perspectives: November 2022
Vanguard November Market perspectives offers global economic and security returns forecasts.
What Does a Strong Dollar Mean for the U.S. Economy?
Demand for the dollar tends to increase during difficult times as investors seek stability and security. The Federal Reserve's aggressive policy to combat inflation by raising interest rates has driven demand even higher.
An Action Plan for Long-Term Care
Many people put off creating a long-term-care plan. This step-by-step guide can help you get over inertia, dread, or both.
Policy Reality Check: Tighter for Longer
Just like in the early 1980s, central banks are committed to the fight against inflation. However, this time is different. Alternative data reveals insight into the current economic backdrop and what it means for investors.
Retirement Legislation Awaits Further Action
The Enhancing American Retirement Now Act, has been drafted in the Senate but will have to wait until Congress is back in session in November for further consideration.
A Visual Guide to Navigating Down Markets
Today, markets are facing headwinds due to the impact of capital misallocation to overpriced securities over the last decade.
Making a Gift on Your Deathbed?
A new case out of Tax Court centers on the question of when a “deathbed gift” is complete for federal estate and gift tax purposes.
What Should Investors Expect for 3Q22 Earnings?
Profits in sectors with greater operating leverage should be more resilient given elevated inflation over the next few months, but as economic growth begins to slow and inflation cools, we may see investors rotate back into the growthier parts of the market.