What We Have Been Reading – Market Commentary & Beyond

Our team regularly reads articles from industry peers and trusted resources to stay up to date on financial markets.  We enjoy reading about topics related to economics, investments, current events, and financial planning.

In addition to circulating some of the best pieces internally, we thought our clients, partners, and friends might enjoy reading some of the same articles as us.

Here are nine recent pieces that our team members have read, along with some commentary on why we found the respective articles interesting.

Ben Bremen: There’s a $75 trillion reason the economy won’t crash into a recession, top economist says: Baby boomers’ pent-up net worth

What seems like the most anticipated/forecasted recession in history… still hasn’t happened.  In this article, one of my favorite economists, Ed Yardeni, provides reasons why the economy continues to hold up despite the rapid increase in interest rates. The main reason is the Baby Boomers’ net worth.

Tom Buhrmann: Contrarians Are Usually Wrong

I enjoyed the simplistic message in this piece, “contrarians are usually wrong.”  It’s a good reminder that consistently and accurately predicting markets is impossible and can therefore be a humbling (and costly) experience. This article and message ties back to a quote from the famed investor Peter Lynch: “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”

Andrew Cohn: ARA, Major Organizations Urge Congress to Delay Roth Catch-Up Requirement

The implementation of SECURE 2.0 has led to many opportunities for plan sponsors and business owners to improve plans.

Some of the items in the legislation have created implementation challenges. This article provides some helpful updates.

Mike Garrison: Taking the Temperature

This is another insightful post from Howard Marks, the Co-Chairman of Oaktree Capital Management. Along with the points that Marks makes about how he takes the temperature of the market, what I find fascinating is with all the daily noise of the financial news out there (CNBC, Twitter, Instagram, blogs, podcasts, etc.), Marks has made only five predictions over 50 years! Time will tell if he is right about his “Sea Change” post (this was in a previous market commentary mentioned by Tom Buhrmann and me), where he discusses how investing will be more difficult over the coming years due to accommodative central bank policy coming to an end.

Mike KarminThe massive forces fueling the economic expansion

I’ve linked in the past to Sam Ro, and I felt that his recent piece was also worth sharing. In this article, he makes a compelling case for what has driven the current economic expansion. Specifically, he explains the economic tailwinds of 3 leading indicators: Excess savings accumulated by consumers, the high number of job openings, and the record-high levels of core capital expenditures orders from businesses. In general, it might feel easier to be pessimistic about the economy and market, but in reality, optimists like Sam Ro usually end up on the right side of history.

Kathy Klein: Bestseller Discloses Secrets to Living Better Longer

We see so many clients focused on accumulating and growing wealth. Money becomes a secondary issue when health is threatened, and nothing is more important than our health and the quality of our life. We want our clients to take the time to live a healthy and rich life, and we will take care of the financial details. Spending some money along the way to be sure you are living your best, healthiest life, and finding joy, is favorable to saving up funds for the next generation. 

Cory Rappaport: The Myth Of AI-Driven Unemployment

AI is all the buzz so far in 2023. It feels like the utility potential is endless. But will it have an impact on our future workforce? This article explains this question stating it is “impossible to predict whether the net effects of process innovation on sector-level employment will be positive or negative in the long run. But the most likely outcome is relatively neutral.”

Ruben Rivas: With ChatGPT, Why Do I Need a Financial Advisor?

Throughout my career, our industry has changed, and for the better. Technology has actually made advising and investing for our clients more efficient. In this article, “AI” is explained as less of a threat and more of an opportunity to do what we do best: understand, educate, and listen.

Michael Tuber: The Future of Social Security: Will Social Security’s COLA Boost Mean Benefits Run Out Sooner?

The recent debt ceiling drama has revived concerns about Social Security solvency.  Like the negotiations, it seems that only the urgency of a deadline will spur action.  This article emphasizes the importance of making minor adjustments now to avoid major problems in the future.


We look forward to sharing more articles with you in the future. In the meantime, if you’d like to discuss how the topics in these pieces may apply to your own portfolio, please do not hesitate to reach out to a member of our team.


This article contains general information that is not suitable for everyone. The information contained herein should not be constructed as personalized investment advice. Reading or utilizing this information does not create an advisory relationship. An advisory relationship can be established only after the following two events have been completed (1) our thorough review with you of all the relevant facts pertaining to a potential engagement; and (2) the execution of a Client Advisory Agreement. There is no guarantee that the views and opinions expressed in this article will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.

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