Insights & Advice

Dalton — As I write this column, the federal funds futures markets point to a 30 percent chance that the Fed will cut rates June 19 and an 86 percent chance that they’ll be lower July 31. I’d guarantee you that the Fed won’t be cutting this week, but since there are no guarantees in this business, I’d say the odds of a cut this week are about the same that little green men from Mars built the pyramids. 

Dalton — Last week the main regulatory body for brokers took another shot at regulating wayward financial advisors and whiffed. I won’t drag you through the details of the new SEC disclosure and compliance requirements (the final document is 524 pages), but it doesn’t do enough to protect investors.

Dalton — I recently had the opportunity to spend a few days in tropical and exotic Cleveland, Ohio. A small group of other Certified Exit Planning Advisors and myself met to discuss our work with businesses—growing them, turning them around, managing operational and team inefficiencies, and more. I started doing this sort of work, first for my own company, more than a decade ago. Since then I’ve been helping our business-owning clients with these tasks and also using this information for identifying sound investments. Most folks who would be interested in my continuing education in the world of business growth acceleration would be CEOs, COOs and owners. But it’s not just a business conversation, it’s an investment conversation.

Dalton — The Dow Jones Industrial Average ended last week down 0.7 percent. That was the fifth week of consecutive losses for the popular stock market index, its longest losing streak since 2011. Although the market was only down about 4 percent at the time, apparently that was enough to freak out a lot of people.