Marcum Wealth

The last Fed Open Market Committee meeting of the year was on Wednesday. The Fed lowered #interestrates another 0.25%. This marks a total of 1% in interest rate cuts over the past three meetings. This brings the Fed Funds rate to a range of 4.25% to 4.50%. The Fed signaled they expect to pause interest rate cuts at the next meeting in January. The median projection shows a 0.50% cut in interest rates throughout 2025. Read more, written by Michael McKeown, CFA, CPA, Chief Investment Officer: https://hubs.li/Q030dzRX0 #MarcumWealth #AskMarcum

Marcum Wealth wishes you a Happy Holiday! Last Friday, our team celebrated our Holiday Party at the Tiffany Glass Space. Thank you to Nuevo Modern Mexican for catering and Sweet Home Cakery for the sweet treats! #MarcumWealth #HappyHolidays

As we enter the year’s end, the 2025 outlook forecasts are coming out. While it makes for interesting conversation, we would rather look at what real money #investors are doing. Is the portfolio equity at the target weight, or above, or below? That is a better indication of what an investor thinks about the future than a point in time price targets. Read more of the latest Market Update by Michael McKeown, CFA, CPA, Chief Investment Officer: https://hubs.ly/Q02-y2-H0 #MarcumWealth #AskMarcum

#HappyThanksgiving! On behalf of our Marcum Wealth team, we wish you good health, peace, and an abundance of reasons to be thankful. #MarcumWealth

We're pleased to welcome Mason Gee-Montgomery as a Financial Advisor to our #MarcumWealth team! #MarcumEverywhere

Equity markets are higher following the U.S. presidential #election. Interest rates are also up. It seems the bond market is trying to digest the impact of the potential policy changes. In the last six interest rate cutting cycles, yields were usually down or flat following the first interest rate cut. This may mean that there is a ‘higher resting heartbeat’ for #inflation in the economy. Read more of the latest Market Update by Michael McKeown, CFA, CPA, Chief Investment Officer: https://hubs.ly/Q02Yg-z40 #MarcumWealth #AskMarcum

We’re pleased to welcome Haley Rohde as a Financial Planning Associate to our #MarcumWealth team! #MarcumEverywhere

Today we look back at the last 60 years of presidential #elections and how the market performed. Knowing which party wins in advance does not provide a profitable information edge. The good news is that, over the long-term the #market has gone up, regardless of which party wins. American businesses are dynamic and resilient. Read more of the latest Market Update by Michael McKeown, CFA, CPA, Chief Investment Officer: https://hubs.li/Q02WjvJL0 #MarcumWealth #AskMarcum

Prospect theory in behavioral finance teaches us that #investor losses hurt more than gains feel good. One might be optimistic about the company’s prospects and the #stock price. Yet, the volatility of a single stock and potential downside risks may be too much for a portfolio and individual to handle. Diversifying makes sense in theory, but many factors must be considered in execution. Read more, written by Michael McKeown, CFA, CPA, Chief Investment Officer: https://hubs.li/Q02VS5gf0 #MarcumWealth #AskMarcum

📰 Take a snapshot look at the #economy in Marcum Wealth’s Strategy Newsletter. We provide a high-level analysis of key factors affecting #markets including equity, fixed income, and real estate. In this edition: • The Fed shifts its focus from inflation to the labor market. • Equities post strong results with a rotation to new leadership. • The first interest rate cut is off to a different beginning than past cycles. • Lower mortgage rates cannot overcome the freeze in housing. Read now: https://hubs.li/Q02VhPXj0 #MarcumWealth #AskMarcum