Stock indices moved lower in the third quarter, hurt by rising interest rates and energy prices. In July, The Federal Reserve raised short term rates, and in September, they left rates steady while also indicating rates would likely remain higher for a longer period due to elevated inflation data. The August Consumer Price Index showed inflation running at a 3.7% annual rate, down from levels seen last year but higher than the prior two months due mainly to higher oil prices.
Fall 2023 | Vol. 31 | No. 4 Taking a Step Back by Will Williams In Dividends We Trust by Brian Christensen, CFA Inherited IRA Beneficiaries: Updates to Distribution Rules by...
Net Gains: DVI's 2023 Corporate Pickleball Challenge Aces Giving Back On Saturday, August 26th, twenty-three teams from local corporations, non-profits, and foundations gathered on...
Equities moved higher in the second quarter as economic data and corporate earnings both came in better than expected. The month of May marked the 14th consecutive month that nonfarm payrolls beat expectations and the unemployment rate remained below 4%.
Summer 2023 | Vol. 31 | No. 3 Pardon Us for the Weight by Will Williams Utilities by Brian Christensen, CFA Read the DVI Summer 2023 Newsletter
Beginning six years ago, DVI became much more intentional about creating career development plans for all Associates. As we proactively plan for several of our senior partners to step down in the coming years, we will continue to emphasize the importance of skills development, to actively mentor, and to intentionally delegate more responsibilities to our next generation Relationship Managers. A smooth and thoughtful transition for our long-standing client relationships is our top priority, and we remain unwaveringly dedicated to our clients’ needs.
Each year we compile the statistics, milestones, achievements, and outcomes of the prior year to assess where we currently stand compared to where we were in the past.
Equities mostly saw gains in the first quarter, helped by a rebounding growth stocks. The Federal Reserve decision to slow its pace of rate hikes to 25 basis points helped investor sentiment and speculation increased that the end of the Fed tightening cycle is near.
Our latest quarterly newsletter has just been released and is available for your reading pleasure and includes: A detailed analysis about the circumstances leading to Silicon Valley Bank’s recent events, and Perspective about the wide division in market analysts’ current opinions, including a data-backed discussion about the bulls’ and bears’ market outlooks.
Our Associates are the heart of DVI: Please welcome our newest colleagues and share in some exciting news from our Relationship Management team.
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Winter 2023 | Vol. 31 | No. 1 The Taming of Inflation by Will Williams It's Not Our Money by Brian Christensen, CFA Investing as a Journey by Will Williams Read the DVI Fall 2022...