Key Takeaways o We expect the two key themes from 2024 –above-average growth and above-target inflation – to continue into 2025. o Trump 2.0 policies have the potential to add incrementally to higher economic growth, but also incrementally to higher inflation. o While...

Key Takeaways o Inflation has fallen dramatically over the last couple of years. o However, it is important to remember that inflation measures change in price, not level of price. o Because inflation was so high in 2022, many households continue to struggle with...

Key Takeaways o The role of bonds in a portfolio is generally either to produce income or to help manage volatility. o Today’s yields on bonds are significantly higher than the past few years and offer a great alternative for portfolios given 85% of total return is...