Political Decisions

The Political Decisions of Just Two Men Will Play a Key Role in the Economic and Investment Outlook The American and Chinese negotiators met in Washington this week. This commentary outlines some of the issues that will confront the negotiators. Not surprisingly, however, the ultimate outcome of this dispute lies, not with the negotiators, but …

Exclusive Event for NJ Business Owners!

A multi-professional panel will provide insight and answers to the following questions: What can you do to grow your profits today? How are you protecting your business and yourself? How are you planning to exit your business? Or are you looking to pass your business to the next generation?   Date: March 5, 2019, 5:30 …

Left Vs. Right Populists

Populism Helped Create Conditions for the Partial Government Shutdown Adding to Economic Concerns In 2016, we saw the populist vote on the right help to elect a Republican president. Two years later, the populist vote, this time on the left, shifted the house from Republican to Democratic control. These two elections created the heated mix …

Fed Data Dependent Policy

Fed Data Dependent Policy – Data May Not Be Dependable – Puts FOMC and Investors on the Same Plane Creating Potentially More Volatility – Current Markets Create Investment Opportunities   Simultaneously increasing fed fund rates while quantitative tightening—no history and greater complexity The recent December FOMC meeting also reminded investors of the complexity that results …

Jim Hiles – Why I’m Passionate About Wealth Management

What makes you passionate about wealth management? Jim Hiles: To me it is a never ending challenge that requires thinking and action. Seeing a successful outcome is great and to be part of that is what I look forward to every time. Wealth management is more than what most people think about, such as investing …

Sino-American Trade War – Will the G20 Bi-Lateral Meeting Change Its Course?

Pressures on the global economy and financial markets continue to intensify from the Sino-American trade war.  In a recent speech at an Asian economic conference, Vice President Pence said, “the United States will not change course until China changes its ways.” Perhaps, we will see an effort to reduce these trade tensions when at the …

The So-Called Fed Put

Since the great recession, investors looked to support from The Federal Open Market Committee (F.O.M.C.) during periods of stock market weakness.  They particularly looked to the F.O.M.C. to re-emphasize their very accommodative monetary policy during periods of such weakness—the so-called Fed put.   Their reassurance came from strong forward guidance issued in F.O.M.C.’s statements following their …

It Is Over!

                For investors, the most important outcome of the mid-term elections–they are over.  Why? According to a recent academic study, since 1815–yes 1815–, the months following a mid-term election typically show positive performance for equity markets.  Usually this performance carries into the early part of the following year. …

Is Cold War II Approaching?

This commentary will briefly outline aggressive trade and military actions taken by the United States that will likely make resolving trade issues with China more difficult. The headline from an op-ed commentary by Walter Russell Mead in the Wall Street Journal—“Did Cold War II Breakout Again” summarizes the potential outcome.   NAFTA replacement- USMC trade agreement …

First Capital on Schwab’s Find a Local Advisor Tool

First Capital Advisors Group can now be found on Charles Schwab’s Find a Local Advisor Tool!   Visit the Independent Advisor Learning Center to learn more about how to select an advisor. Then talk to an advisor at First Capital today to find out why we are the right advisor for you.