INSIGHTS
Promotion of Chris Martin to Partner
Clients and Friends, We couldn't be more excited to announce the promotion of Chris Martin to partner with the Firm! Chris joined Fairway in 2012 after spending several years in public accounting. Starting as an associate supporting our partners, Chris now leads the delivery of our full scope of [...]
Market Commentary 3/31/2023
By: Matt Garrott The headlines have been terrible. Inflation is high. The automobile and home loan markets are confused. A bank run centered on the global tech center of Silicon Valley ripped through the financial sector. How did the stock market respond? The S&P 500 gained [...]
And the Oscar for best bank drama this weekend goes to…
By: Matt Garrott Silicon Valley Bank In an effort to prevent the default of Everything Everywhere All at Once, Federal regulators stepped in to cover depositors who held cash over the $250,000 FDIC insurance cap at Silicon Valley Bank (SVB). Regulators also shut down Signature Bank [...]
Don’t Chase Two Rabbits at the Same Time
By: Matt Garrott One month into the New Year and one of our core investment beliefs was confirmed: Nobody can predict the markets. The Bloomberg US Aggregate Bond Index gained 3.1% and the S&P 500 rose 6.3%. The NASDAQ, which lost 32.4% last year, was up [...]
What You Need to Know: SECURE Act 2.0
By: Dan Shomper The SECURE (Setting Every Community Up for Retirement Enhancement) Act 2.0 was signed into law on December 29th 2022, almost exactly 3 years after the original SECURE Act was passed. While the SECURE acronym could have used some more work (my opinion), legislators [...]
Market Commentary 12/31/2022
By: Matt Garrott What Happened in 2022 Coming off the back of a 28.7% return in 2021, Wall Street pros predicted the S&P 500 would have a strong 2022, ending the year between 4400 and 5300. Instead, markets were walloped across the board as the global [...]