The Pallas Perspective

PCA Week in Review - Friday, September 2nd, 2022

This week in the Review:
Powell Maintains Hawkish Tone in Jackson Hole, “Acting with ResolveNow”
FOMC and the Federal Funds Rate
Importance of Labor market and CPI
     2. Relief Rally Under Fire, Stocks Turn Negative in August
Rally reversing course
Three indexes are now negative
Housing Market and FOMC notes
 

Planning Update: College Debt Partially Forgiven - What’s it Mean?

Pallas Capital Advisors COO & Director of Planning, James Landry, ChFC, is joined by Director of Planning & Client Experience, Shannon Smith, CFP, AWMA, to discuss paying for college and what the impact of partial debt forgiveness means to:
College costs
 
Ways to pay for college
Financial Aid
 
College loans
Federal
Private
Deferred Interest
Paying Back
The President's Pardon
 
Ways to save
529 Savings Accounts
Coverdale ESAs
UTMA
UGMA
Taxable Accounts
Roth IRAs
 
Benefits of a 529 Plan
 
 

PCA Week in Review - Friday, August 26, 2002

This week in the Review:
European inflation remains elevated
Federal Reserve positioning importance vs. CPI

PCA Week in Review - Friday, August 19th, 2022

This week in the Review:
A Historic Yield Curve Inversion Has a Silver Lining
Impact on short and longer term Duration Bonds
Impact on inflation
Home Sales Slow As Rates Rise But Prices Remain Firm on Limited Supply
Existing home sales numbers falling...again
Home price levels remain high
Housing starts at two year low

PCA Week In Review - Friday, August 12. 2022

This week in the Review:
Peak inflation is likely now behind U.S. but may remain elevated
U.S. Consumer Price Index (CPI) report released Wednesday
Performance of the Core Index
What sectors are up or down
     2. Mixed signals on economic growth but no cliff in sight in the near term
The nature of negative growth in the U.S. GDP
Negative GDP's effect on Financial markets 
 

PCA Week in Review - Friday, August 5, 2022

This week in the Review:
Earnings Season and Forward Guidance Surpassing Low Expectations
74% of the S&P 500 have reported Q2 earnings
Earnings have surprised to the upside
Winners and Losers 
     2. Financial Markets Remain Reasonably Valued by Morningstar
Morningstar price to fair value
Headwinds of slower growth expectations and inflation could shift and turn to tailwinds.  

PCA Week in Review - Friday, July 29, 2022

This week in the Review:
1. Federal Reserve Tightens as Expected
The Fed hikes federal funds by 0.75%
Impact on bond markets
Dovish comments met positively by market in short term
2. US GDP Confirms Slower Growth
Why GDP decreased less in the second quarter than the first
Impact of the IMF World Economic Outlook Report

PCA Week in Review - Friday, July 22, 2022

This week in the Review:
1. Investor Sentiment at Trough Levels
Latest Bank of America Fund Manager Survey results.
Impact on stock and cash allocations
2. Mounting Energy Concerns Further Headwind for Europe
Nord Stream and natural gas in the EU

Market Update: July 8th - Inflation 2022

Pallas Capital Advisors CEO & Founding Partner, Richard Mullen, is joined by Chief Investment Officer, Mark Bogar, CFA, CAIA, and Senior Portfolio Manager, Stephen Kylander, to discuss:
· What has been the driver of inflation?           - Ukraine war impact on oil and food· What has benefited from inflation?· What has been impacted the most?           - Concerns about recession including consumer cyclical, industrial and financial services· Where do we stand now?

Planning Update June 29th: A Roth IRA vs. a traditional IRA

Pallas Capital Advisors COO & Director of Planning, James Landry, ChFC, is joined by Director of Planning & Client Development, Shannon Smith, CFP, AWMA, to discuss:
A Roth IRA versus a traditional IRA
Conversion and Contribution of IRAs
What is the Five Year Rule?
The tax impact of removing money from a Roth or traditional IRA
Roth IRAs and 401ks
IRAs for Philanthropy and Legacy
"Back Door Contributions" - pluses and minuses