Knowledge Center

|

Proven Wealth Management Solutions.

Are you beginning your journey towards wealth management? Are you interested in learning more about best practice wealth management techniques? Do you want to protect your assets and provide a legacy for your loved ones? We invite you to enter the Pinnacle Trust Knowledge Center to read blogs, watch financial advisory videos, and gain further insights into our proven wealth management solutions.

One Thought On Trump Victory

Many reasons have been discussed as to why President-Elect Trump surprised so many on Election Day.  While there are numerous factors, the chart below should be added to the list.  I've always believed that most Americans, at the end of the day, vote with their pocketbooks.  Sixty percent of U.S. households saw real income drop from 2000 through 2015, As my favorite market analyst, Ned Davis, said, "a lot of people voted for 'hope and change' eight years ago, and I suspect 'it's the economy, stupid' drove a lot of people to vote for change again.”

Read More

Q3: The Return of Earnings

 

 In the midst of the political fog, it is important to remember that fundamentals still matter.    Over the past two years, we have discussed corporate earnings at length in our blog posts.   We have done so to highlight the lack of corporate earnings growth throughout the economy and to emphasize the significance of earnings growth to long-term stock appreciation.  As we have said before, increases in stock-prices without true earnings growth are simply increases in valuations. This is not sustainable in the long-term.

Read More

Trump Wins! Now What?

As it became apparent that Donald J. Trump was going to become the next POTUS, futures markets went into free fall. At one point Dow futures were down 850 points. As of 7:00 am this morning things have moderated with Dow futures down 230 points. I suppose futures traders figure we’ll be alright since the apocalypse didn’t occur when Secretary Clinton conceded to Mr. Trump.

With Republicans retaining the Senate and the House, we can safely assume that change is in order. Republicans will be in agreement regarding tax reform and pushing a pro-growth agenda. However, Congress and the President will be in conflict over debt.

Read More

Too Much Mudslinging; Not Enough Talk about Debt

It’s almost over! Today America goes to the polls to elect its next President. If you are like me you are ready to get this one in the books. I have spoken to many clients over the past few months and asked one simple question, “In your X number of years of life, have you ever experienced an election like this?” The answer has unanimously been, “No!”

This election has turned ugly like no other American election before. It certainly has not been a reflection of all that is great about the United States of America. It has not been an election about facts and policies but rather a polarized referendum on who people perceive as the lesser of two evils. Don’t get me wrong, each candidate certainly has their base, but more than ever Americans are going to be voting against a candidate rather than for a candidate.

Read More