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Venezuela, Oil, and the Impact on Portfolios Thumbnail

Venezuela, Oil, and the Impact on Portfolios

The arrest of Venezuelan President Nicolás Maduro by U.S. forces represents an unexpected and significant geopolitical event. As has been widely reported, the U.S. military successfully conducted an operation that detained Maduro on charges related to drug trafficking and corruption. President Trump stated in a press conference that the United States will "run" Venezuela and work to expand its oil production. While the humanitarian and geopolitical implications for the Venezuelan people and the region are most important, investors may naturally wonder: What do the actions in Venezuela mean for their portfolios? The move raises many questions around the role of the U.S. in the region, whether this will pave the way for democratic elections in Venezuela? the effect on the narcotics trade? if oil production will increase meaningfully, and how it will impact the sphere of influence of countries like Iran and China?

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Understanding the Fed: New Leadership and Rate Cuts Thumbnail

Understanding the Fed: New Leadership and Rate Cuts

The Federal Reserve plays a key role in supporting the economy and financial system. While headlines often focus on the Fed's next rate decision, much of the debate on both Wall Street and in Washington is around what the Fed’s role should be. The Fed’s mandate has evolved over time in response to financial crises and business cycle trends. For many investors, this can be a controversial topic, with natural disagreements over the scope of the Fed’s authority and what policy actions it should take today on interest rates and the money supply. Looking ahead into next year, these topics matter because they shape not just near-term policy decisions, but the future of the Fed itself. What context do investors need as Fed headlines dominate the news in the coming months?

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Are Investors Holding Too Much Cash? Thumbnail

Are Investors Holding Too Much Cash?

Are Investors Holding Too Much Cash? For long-term investors, a growing challenge today is how to manage cash as short-term interest rates fall. What appears safe actually comes with real costs beneath the surface, since holding too much cash can quietly undermine long-term financial goals. This comes at an important time, when some investors find themselves with “cash on the sidelines,” including a record $7.3 trillion held in money market funds.

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What the Fed Rate Cut Means for Long-Term Investors Thumbnail

What the Fed Rate Cut Means for Long-Term Investors

The famous investing principle "don't fight the Fed" was coined in the 1970s but has only grown in significance. The idea is simple: the Federal Reserve's monetary policy decisions can have important effects on markets and the economy, so investors should consider them carefully. At the same time, perspective is needed to focus on the overall path of interest rates, and not individual Fed decisions. This is relevant today as the Fed continues its rate-cutting cycle amid a complex economic environment.

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