Third Quarter 2021 Investment Commentary
Market Recap A September slump put a pause on the global equity bull market. The S&P 500 Index dropped 4.7% for the month, developed international equities fell 2.9%, and emerging-market (EM) stocks dropped 4.0%. For the third quarter, the S&P 500 was up just...
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The Morning View: August 6, 2021
Announced this morning, the economy added 943,000 jobs in July, more than expected. The Leisure and Hospitality industry was strong adding 380,000 jobs, while the Retail Trade industry was relatively weak. The Unemployment Rate decreased five tenths to 5.4%, a...
Three Books to Help Achieve Personal Financial Independence
When discussing money and finances with clients, I get personal. I want to know their goals so I can help achieve them. I also share insights about investing and financial planning, often highlighting articles and books, to provide them with useful perspectives about...
Retirement Times August 2021 Newsletter
August 2021 This month's Retirement Times discusses the following: Generational Influences and Behavioral Finance Measuring Financial Wellness Retirement Plan Document Retention: What Should Fiduciaries Keep? Save Early, Aim for Your Goal Download the Retirement Times...
The Morning View: July 30, 2021
Announced this morning, Personal Income increased 0.1% in June, a bit more than expected. Personal Spending increased 1.0% in June, higher than expected and a rebound from the flat reading the previous month. The PCE Deflator, a measure of inflation, increased 0.5%...
New State Law Changes Make Tennessee Trusts Even More Appealing
Tennessee trust and estate planning professionals have reason to celebrate the passage of several new laws that will continue to bolster the Volunteer state’s standing as one of the top jurisdictions to create and administer a trust. State lawmakers approved a wide...
Argent Employee Spotlight – John Allen
Meet John, who is with Argent Trust in Greenville, SC and has been with us for 5 years. Q. What led you to Argent and what makes it unique? A. The chance to practice my client-centric trade without the politics and bureaucracy I experienced in larger bank-related...
Mid-Month Market Perspectives
Market Reflections A Year’s Difference Time certainly has a way of changing perspectives. As of the middle of March last year, the global markets were in the midst of a virus-fueled free fall which ultimately infected the U.S. financial markets. Within weeks, the...
Why Domestic Asset Protection Trusts Offer Advantages to Business Executives
Chris Kelly, J.D., market president for Argent Trust Company in Nashville, was recently a featured columnist in CEOWORLD Magazine. The original article is below and may also be viewed on the CEO World website: Originally published on CEOWORLD.com July 21, 2021 For...
The Morning View: July 20, 2021
Announced this morning, Housing Starts were 1,643,000 in June, an increase of 6.3% for the month, which was much higher than. Conversely, Building Permits were 1,598,000 in June, down -5.1% for the month, which was more negative than expected. Overall, the increase in...