Greenville, SC

Most consumers are aware that the price of an item and its value have an imperfect relationship. In a market-based economy, price and value tend to be correlated, but around the edges, they diverge based on consumer preferences.

Since the attempted assassination of Donald Trump, I have been contemplating whether there might be any economic or market implications. In reviewing the stock market’s reactions to political assassinations attempts, I found it to be a mixed bag of performance.

In our last Portfolio Commentary, we shared the Stock Trader’s Almanac data regarding typical presidential election year patterns. At the time, we thought equity markets might follow an Open Field pattern, but we withheld judgement until after the first quarter of 2024.

Recently while looking through my bookshelves for something to read, I saw my copy of Barton Biggs’ Wealth, War, & Wisdom with the Foreword by Yale Endow-ment CIO, David Swensen.

As tax season ramps up, Bethany Thompson, Certified Tax Specialist™, put together a list of some of our most asked tax questions. As always, please consult your tax advisor, as FCA and its affiliates are not tax or legal advisors.