by John Bruggemann CFP, Wealth Advisor Most clients are familiar with the various tax-advantaged vehicles we all utilize – IRAs and 401K plans for retirement and 529 accounts for college savings. However, many are not familiar with a tax-advantaged savings plan focused specifically on healthcare expenses, which is a Health Savings Account, or HSA. Many employers...Read More

by David Lieberman Managing Partner, Portfolio Manager Summary United States • The US passes 2M cases but the daily case growth rate falls below 1%. • Cases are climbing in about 20 states including CA, FL, TX, MA, NC, TN, SC, UT, WA, GA, AK, AZ, KY, NM. But this is largely not reflected in an...Read More

by ACM Wealth ACM Wealth Administrator What a difference a month makes. Not only has the S&P 500 recouped much of its losses since late March, but the economic data is starting to turn positive. The pandemic is still with us, but we are learning how to live with it. A vaccine may yet be many...Read More

by David Ruff CFA, Global Portfolio Manager With COVID-19, ongoing trade issues, and now riots, many equity investors are asking if equities worldwide have disconnected from reality. The U.S. and Europe, hardest hit by the pandemic, are still dealing with ongoing economic challenges. Investors also worry as tensions between the U.S. and China, the world’s two...Read More

by Matthew Terzian, CFA, CFP “…In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin, 1789 The longer one participates in the workforce the louder this quote rings true on the tax front. And unfortunately, the longer one lives, they can relate more and more on the death front,...Read More

by Dr. JoAnne Feeney Portfolio Manager Investors saw it coming – as they often do. The reopening is underway. Restaurants are beginning to serve sit-down meals, beaches are open, hair is being cut, and nails polished. Workers are being called back to factories and offices, although many who can work remotely will continue to do so....Read More

Why Is the Market Rallying While the Economy Is Collapsing? by Dr. Charles Lieberman Chief Investment Officer Observers are trying to reconcile the sharp rally in the stock market even as the data show that economic activity has declined dramatically. It is natural to ask how the market can only be down a little more than...Read More

by David Lieberman Quick Summary United States • Case count grew yesterday at a rate of 2.8% from 3.8% and 4.4% the prior two days. Deaths were only about 1,100. The US CFR% held flat to 5.59%. • New cases averaged well over 30,000 per day this weekend. But that is likely due to a sharp...Read More

by David Ruff CFA, Global Portfolio Manager A recent piece by CGTN (China Global Television Network) highlighted the city of Wuhan. Ostensibly to feature the city’s cultural and culinary reputation, but no doubt, this was also an effort to move the ongoing news narrative away from the city being the COVID-19 birthplace to project the...Read More

by Dr. JoAnne Feeney Portfolio Manager Earnings season got off to a rocky start, but that was to be expected. Comments from management teams regarding the future were laced with cautious sentiment. Even though most investors understand that companies will struggle to estimate this year’s sales and earnings, they are still hoping that companies have some...Read More