In a galaxy not so far away…
Two years ago this week, we honored Fed Chairwoman Janet Yellen and Disney (DIS) with a special video version of Insights in the theme of the Star Wars opening crawl (Episode XV: A New Rate). The Fed was raising interest rates for the first time in nearly 10 years, while Disney was releasing, “Star Wars: The Force Awakens”, the first new live-action addition to the Star Wars franchise in 10 years.
This week, Janet Yellen announced another 0.25% rate increase, which is likely to be her last, as she is being replaced by Fed Governor Jerome Powell in February. Also this week, Disney released “Star Wars: The Last Jedi” and announced the acquisition of Twentieth Century Fox (the studio that launched and owns the original Star Wars trilogy). To honor her last rate action (and The Last Jedi), we are releasing a sequel of our own, Episode XVII: The Last Hike.
I hope this break from our traditional Insights format provides a welcome distraction from the bustle of the holidays, politics, or whatever else keeps you up at night. I would also like to take this opportunity to invite you to continue to make this a two-way conversation. We welcome your feedback, questions, and concerns.
Markets may be near all-time highs, but these are uncertain times. However, in the wise words of Yoda, “Fear is the path to the dark side.” There is no room for fear (or any emotion for that matter) in investing decisions. At Strategic, our rigorous process keeps your portfolios positioned towards your goals, regardless of the investing environment, with a focus on Quality, Value, and Diversification.
Enjoy, and may the Force be with you.
Founded in 1979, Strategic is a leading investment and wealth management firm managing and advising on client assets over $1 billion.Overview
Strategic Financial Services, Inc. is a SEC-registered investment advisor. The term “registered” does not imply a certain level of skill or training. “Registered” means the company has filed the necessary documentation to maintain registration as an investment advisor with the Securities and Exchange Commission.
The information contained on this site is for informational purposes and should not be considered investment advice or a recommendation of any particular security, strategy or investment product. Every client situation is different. Strategic manages customized portfolios that seek to properly reflect the particular risk and return objectives of each individual client. The discussion of any investments is for illustrative purposes only and there is no assurance that the adviser will make any investments with the same or similar characteristics as any investments presented. The investments identified and described do not represent all of the investments purchased or sold for client accounts. Any representative investments discussed were selected based on a number of factors including recent company news or earnings release. The reader should not assume that an investment identified was or will be profitable. All investments contain risk and may lose value. There is no assurance that any investments identified will remain in client accounts at the time you receive this document.
Some of the material presented is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Strategic Financial Services believes that such statements, information, and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information and opinions.
No content on this website is intended to provide tax or legal advice. You are advised to seek advice on these matters from separately retained professionals.
All index returns, unless otherwise noted, are presented as price returns and have been obtained from Bloomberg. Indices are unmanaged and cannot be purchased directly by investors.
Advisory Services offered through Strategic Financial Services, Inc. Strategic Financial Services, Inc. and Cadaret, Grant & Co., Inc. are not affiliated.