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News & Perspectives

09.07.23

Market Perspectives — August 2023

Interest rates moving to levels not seen in over a decade had markets taking a breather in August. September’s up next and it’s historically been the worst month for market performance. Economic data in August took on a more somber tone, employment...

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08.04.23

Market Perspectives — July 2023

Stocks remained hot in July and further extended the 2023 rally. Market breadth meaningfully broadened with small caps and emerging markets leading the charge. After a June pause, the Fed hiked again in July. Reported earnings are beating estimates and a few...

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07.14.23

Texas Property and Franchise Tax Relief

Property values have risen exponentially over the past few years. The increased appraised values of properties have led to increased property taxes for all Texas residents. The House and Senate are working on a bill (S.B. No. 2) that is intended to...

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07.07.23

Market Perspectives — June 2023

Stocks rallied in June capping off a surprisingly strong first half of 2023.  Mega cap names continued to show strength, but other areas of the market joined the rally increasing breadth a bit.  Inflation fell again, the Fed paused on rate hikes,...

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06.14.23

Ways and Means Committee Proposes Three Taxpayer Friendly Bills

With the debt ceiling debate resolved until after the 2024 elections, the House has pivoted to three bills of proposed tax changes. On June 9th, the House Ways and Means Committee released the Build It in America Act, Small Business Jobs Act...

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06.08.23

Market Perspectives — May 2023

Markets were mixed in May, but the Nasdaq stormed ahead driven by strong performance from a handful of mega-cap names.  We saw another Fed hike along with increased market uncertainty caused by the debt ceiling saga.  First quarter earnings drew to a...

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