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Welcome to Kreke-Leaks!

The place for knowledge, clarity, and a little humor.

 

Wednesday, May 27, 2020

The Federal Reserve (Fed) increased its bond exchange-traded funds (ETF) purchases in the week ending May 20 (the most recent data available), adding another $1.5 billion in bond ETFs to its balance sheet, bringing the total holding...

Tuesday, May 26, 2020

As the United States desperately tries to flatten the contagion curve for the coronavirus, many state governors have mandated the closure of an unprecedented number of businesses and issued stay-at-home orders to their citizens. The...

Thursday, May 21, 2020

May 21, 2020 Dear Valued Investor: “Never confuse a single defeat with a final defeat.” — F. Scott Fitzgerald The economic struggles in our country are among the worst we’ve ever seen. In April, a record 20...

Wednesday, May 20, 2020

There’re plenty of people who think negative interest rates are a good policy. But we don’t really think so at the Federal Reserve. And I think it’s an area of real uncertainty in the central banking world. -Fed...

Wednesday, May 13, 2020

Gold has done quite well so far in 2020, up more than 12% year to date versus the S&P 500 Index which is down about 10%. We started to warm to the yellow metal late last year and continue to think it can serve as a potential hedge in...

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Tuesday, May 12, 2020

Dear Valued Investor: Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression. The Great Recession. The Great Lockdown. Well, we’ve moved into...

Wednesday, May 6, 2020

One of the most historic market crashes ever took place 10 years ago today, with the Dow Jones Industrial Average Index plunging more than 1,000 points, or 9%, within minutes, only to regain most of the losses by the end of the day....

Tuesday, May 5, 2020

This year, Teacher's Appreciation Week runs from May 4 to May 8, but rather than being in the classroom, most teachers will be at home, navigating their calling outside the classroom. When the coronavirus hit the United States,...

Wednesday, April 29, 2020

The Conference Board’s Consumer Confidence Index (CCI) for April came in 86.9, falling more than 30 points from the prior month. The monthly drop was the biggest for the index since 1973, reflecting the severity of the economic...

Tuesday, April 28, 2020

Many parts of the country are still under shelter-in-place orders, allowing only essential businesses like hospitals, grocery stores, and auto repair shops to continue serving customers. Businesses that have been closed to the public...

Wednesday, April 22, 2020

Dear Valued Investor: “Life is 10% what happens to you and 90% how you respond to it.” — Lou Holtz, Hall of Fame football coach As the battle against the COVID-19 pandemic continues, how we respond to it will...

Tuesday, April 21, 2020

- Blood, Sweat & Tears Again, we learn the truth about the stock market. Again, we find ourselves wondering why we were not prescient. There will be any number of folks who will tell you they saw this coming. There is always someone...

Thursday, April 16, 2020

As the country comes together to try to slow the spread of the coronavirus, many businesses have been forced to suspend operations, while many others have experienced a sharp decline in revenue. To encourage businesses to continue...

Wednesday, April 15, 2020

What a ride 2020 has been for investors. The fastest bear market ever, now one of the steepest recoveries ever. After being down more than 30% for the year on March 23, this recovery is extremely impressive. In fact, before yesterday,...

Tuesday, April 14, 2020

Dear Valued Investor: These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous...

Wednesday, April 8, 2020

Stocks have rallied nicely off the March 23 lows on the back of a bold policy response from the Federal Reserve (Fed) and lawmakers in Washington, DC, which was followed by signs that a peak in growth of COVID-19 cases may come soon....

Thursday, April 2, 2020

Okay, we made it through the first fifteen-day shutdown, social distancing, and economy-killing guidelines. Now those guidelines are in place until April 30. Hopefully April 30, 2020, not 2021. I do not know if the guidelines are...

Tuesday, March 31, 2020

Communication between client and advisor is important during the best of times. It is imperative when there is a crisis. We here at Thrive Wealth Advisors believe the current market conditions rate as a crisis. We are not surprised the...

Wednesday, March 25, 2020

The COVID-19 pandemic has caused unprecedented volatility in recent weeks that has investors and traders scrambling to assess the economic and market impact of the aggressive containment measures. This past week the CBOE Volatility...

Thursday, March 19, 2020

Dear Valued Investor: Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost....

Wednesday, March 18, 2020

The market volatility continues, as the S&P 500 Index has closed either up or down 4% or more for a record 7 consecutive days. With the S&P 500 Index down 30% from the highs, it has officially moved into a bear market. Yesterday, we...

Wednesday, March 18, 2020

The year of the RAT has certainly gotten off to an ironic start. The Corona Virus hit the world and the stock market reacted in spectacular and unprecedented ways. The eleven-year bull market is over. Long live the next bull market! We...

Tuesday, March 17, 2020

Today’s drop in mortgage rates are leaving many with the question “should I refinance my loan”. There are several rules of thumb that can help you make a more informed decision: The first question that should be...

Friday, March 13, 2020

Market Blog The S&P 500 Index’s historic slide continued yesterday, culminating in nearly a 10% loss for the day, and leaving the benchmark index officially in bear market territory, just 16 trading days after setting a record...

Thursday, March 12, 2020

Despite all of the other advances made in our society in recent generations, women continue to face unique challenges when it comes to preparing for their financial futures. Recognizing the Shortfalls For starters, women on average...

Thursday, March 12, 2020

You should pick investments (and teams) so you win most of your games Sports metaphors and investing are natural pairs. A good way to look at portfolio management is the NCAA March Madness tournament. As with basketball, you should...

Tuesday, March 10, 2020

Dear Valued Investor: The tough times that global markets were experiencing due to the spread of COVID-19 (coronavirus) worsened this past weekend as a price war between Saudi Arabia and Russia resulted in sharply declining oil prices....

Thursday, March 5, 2020

March 5, 2020 Dear Valued Investor: It’s been a tough week. The number of coronavirus cases have continued to increase globally, and new cases have been confirmed in the United States. Countries are making progress with...

Thursday, March 5, 2020

As a small business owner, you need great talent to stay competitive in your industry, but attracting talent can be challenging. While wages are important, you also need an inspiring work environment, the potential for advancement, and...

Thursday, March 5, 2020

These days, having a credit card is practically a necessity, even when you are retired. It's hard to do things like buy airline tickets, rent a car, or place an order online without one. And, while monitoring your credit card use is...

Wednesday, March 4, 2020

Suppose you arrive at your company one morning and discover that a key employee died unexpectedly the night before. Have you ever considered how such a turn of events may affect your company? Along with losing a valued member of your...

Friday, February 28, 2020

February 28, 2020 Dear Valued Investor: “The stock market takes an escalator up, and an elevator down,” is a classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of...

Wednesday, February 26, 2020

Dear Valued Investor: Monday was a tough day in the stock market, with the S&P 500 Index down more than 3% as the number of coronavirus cases reported outside of China jumped. Monday’s losses reversed all of this year’s...

Monday, February 24, 2020

First the car broke down, then the dishwasher stopped working, and now the dog is sick. Sometimes the old proverb, "It never rains but it pours," seems to ring a little too true. When you need money to pay large, unexpected bills,...

Wednesday, February 19, 2020

Stock markets modestly lower after renewed coronavirus concern. Apple’s announcement that the coronavirus would impact sales had international markets striking a cautious tone overnight, with the technology sector getting much...

Tuesday, February 18, 2020

Many adults are finding that their aging parents are in need of health care assistance. Luckily, there are many options available today to help your parents grow old gracefully, either in their own home or in a facility, and several...

Tuesday, February 18, 2020

When you're a small business owner, you need to pay extra careful attention to both your business and personal finances. Your financial planning strategies should simultaneously encourage the success of your business while also working...

Wednesday, February 12, 2020

The financial media returned to a favorite topic in the last week, yield curve inversion, but we caution against getting caught up in the building frenzy. The Treasury yield curve inverts when short-term interest rates move above...

Monday, February 10, 2020

Thinking about the need and the costs of long-term care is enough to make anyone uncomfortable. But while it's a difficult subject to talk about, it's also a topic that often generates lots of questions and misunderstanding. Consider...

Wednesday, February 5, 2020

Economic Blog The 10-year U.S. Treasury yield moved to within .05% of its recent low on Friday, January 31, approaching the 1.47% mark set back in August 2019. Prospects of stabilizing global growth and progress on trade encouraged...

Thursday, January 30, 2020

In 1958, the Internal Revenue Service (IRS) created 403(b) plans to encourage employees of certain organizations to begin saving for retirement. Organizations eligible for participation in these plans are those “organized and...

Wednesday, January 29, 2020

Market Blog Fears that the deadly coronavirus would spread further around the globe intensified Monday and led to the biggest one-day drop in the S&P 500 Index since October 8, 2019. In fact, it was the first time the index moved 1%...

Monday, January 27, 2020

If you’re a small business owner, you’ve invested a great deal of time and effort into building your company. With day-to-day demands, it may be difficult to imagine your eventual transition into retirement. Yet, if you...

Wednesday, January 22, 2020

ECONOMIC BLOG As the economic expansion caps its first decade, we thought it’d be a good time to check on LPL Research’s leading indicators in our Recession Watch Dashboard. As you can see in our latest update and in the...

Friday, January 17, 2020

Members of the Military: Planning for Retirement Planning for retirement is an important and sometimes difficult endeavor. As a member of the military, you may have some special opportunities and challenges when preparing financially...

Thursday, January 16, 2020

At this time of year many people stop to reflect. To reflect on their place in this world, in their families, in their community. Reflection can be good if you are honest with yourself. And it can be scary, too! What have you not done...

Wednesday, January 15, 2020

With the decline of traditional pensions, most of us are now responsible for squirrelling away money for our own retirement. In today's do-it-yourself retirement savings world, we rely largely on 401(k) plans and IRAs. However, there...

Wednesday, January 15, 2020

Consumer inflationary pressures grew at a healthy, but manageable rate in December 2019. The core Consumer Price Index (CPI), which excludes food and energy, rose 2.3% year over year last month, around the fastest pace of the economic...

Friday, January 10, 2020

There are no great secrets where tax planning and tax cutting are concerned. The principles around which all tax-cutting strategies revolve can be reduced to six basics:1.Income splitting. Taxes are reduced for the total family unit by...

Thursday, January 9, 2020

Diet books. Fitness apps. Live-streamed exercise classes. They all tell you the same thing: Maintaining good physical health requires discipline and adherence to a few simple habits, such as eating wisely, getting enough sleep, and...

Tuesday, January 7, 2020

The U.S. airstrike that killed the top Iranian military commander last week was a major escalation in Mideast tensions. In fact, it would be difficult to overstate the geopolitical significance of this action. Iran likely will...

Friday, January 3, 2020

Dear Valued Investor: Happy New Year! What a difference a year makes. One year ago the stock market was plunging and came perilously close to ending what has become the longest bull market ever recorded. In December 2018, dropping...

Thursday, January 2, 2020

The inverted yield curve was the biggest story of 2019 in the bond market. Historically, when long-term bond yields fall below short-term yields, as the 2- and 10-year Treasury yields did in August, recessions have tended to follow,...

Friday, December 27, 2019

If you don't have a financial plan, that question may be hard to answer. To achieve financial wellness, you need to define your goals and set a time frame for reaching them. The following steps can help you take control of your...

Wednesday, December 18, 2019

Economic Blog December 17, 2019 December has been widely viewed as a strong month for stocks, with this year following suit so far. What many probably don’t realize, however, is the majority of the gains have taken place late in...

Friday, December 13, 2019

The Federal Reserve’s (Fed) final policy meeting of 2019 starts today and will conclude tomorrow with the release of the Fed’s policy statement, updated economic projections, and a press conference by Fed Chair Jerome...

Friday, December 6, 2019

A well-crafted business plan can be a blueprint for success. This multifaceted tool is as important to established business owners looking to grow their companies as it is to budding entrepreneurs. A business plan defines your business...

Tuesday, December 3, 2019

Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy. AT LPL RESEARCH, as we look forward to the year 2020 and a new decade, some key trends and market signals will be important to watch, including progress on U...

Tuesday, December 3, 2019

If you don't have a financial plan, that question may be hard to answer. To achieve financial wellness, you need to define your goals and set a time frame for reaching them. The following steps can help you take control of your...

Tuesday, December 3, 2019

The average donor household in the United States gives around $2,000 a year, with small donations making up the bulk of charitable gifts, according to a report prepared by the Center on Philanthropy for Indiana University. The study...

Tuesday, December 3, 2019

A well-crafted business plan can be a blueprint for success. This multifaceted tool is as important to established business owners looking to grow their companies as it is to budding entrepreneurs. A business plan defines your business...

Monday, December 2, 2019

Good for Your Heart and Your 1040! It may be better to give than to receive, but it may be even better to give and see your generosity rewarded. Charitable giving can play a valuable role in your financial and tax strategies. A...

Tuesday, November 19, 2019

“We’re going streaking!” Frank The Tank in Old School As the bull market continues to make new highs, the past few weeks have seen some amazing market streaks. Here are three that have caught our attention. The S&P...

Tuesday, August 20, 2019

Help your Favorite Charity: Making Gifts of Impact Through Your IRA You may give up to $100,000 from your individual retirement accounts to your favorite charity without tax consequences! Is this true? YES! Read more . .

Thursday, December 20, 2018

Happy Holidays The holidays are lovely, the holidays are fine Holiday shopping—every year—same time Some procrastinate and delay, tho last year they swore To get ahead of the herd, stampeding the stores Those who shop early...

Thursday, March 22, 2018

That Time of Year, AGAIN! “Let me tell you how it will be. There’s one for you, nineteen for me. Cause I’m the Taxman” The Beatles – 1966 Revolver Album It is coming. You can see it in your email inbox or...

Thursday, January 18, 2018

“Should auld acquaintance be forgot and ne’er brought to mind?” “Auld Lang Syne” from the Robert Burns poem means “for old times’ sake.” We look back over the year and romanticize the...

Thursday, December 14, 2017

What is that crunching sound? Is it a hungry ferret, a starving bear? No, it is Amazon eating the world. https://www.youtube.com/watch?v=Q0JhaVSEcd4 Ever since this “fulfillment” company came on the scene, the retail world...

Thursday, November 30, 2017

The stock market presents opportunity For gains and losses and anxiety Soaring to heights ne’er seen before Is there a ceiling, oh how much more? If only we could predict the summit Mayhaps we could avoid the plummet —Adron...

Thursday, November 16, 2017

“Gonna write me up for 125. Post my face, wanted dead or alive. Take my license, all that jive. I can’t drive 55.” Sammy Hagar - 1984 I am a huge fan of the self-driving car concept. It will be the most disruptive...

Thursday, November 9, 2017

On this Veteran’s day, I want to reflect on Vietnam. No, I did not serve in Vietnam but I might have. I enlisted in the U.S. Navy at age 17 so I was never subject to the draft. At 18 my Draft Number was 39, which had I been...

Tuesday, October 24, 2017

Halloween is coming, Oh, the horrors! Ghosts and goblins cavorting outdoors Scary creatures uttering eerie sounds Skeletons, spiders, and witches abound Never have we witnessed such frightful sights Tricksters and treaters afoot...

Thursday, October 19, 2017

The Art League presents “Art on Tap” November 3, 2017 7:00 to 10:00 p.m. Krekeler Brower Wealth Advisors is proud to be the Lead Sponsor! https://www.eventbrite.com/e/art-on-tap-2017-tickets-36213069265 “Double,...

Thursday, October 5, 2017

“The robots are coming! The robots are coming!” We do not need the “one if by land, two if by sea” to warn us. Robots are in plain sight; they are not a secret. They are everywhere. I remember early science...

Wednesday, September 20, 2017

K-K-K-Katy was a WWI song about a special gal that regained popularity in WWII and was sung by barbershop quartets and even Mel Blanc as Porky the Pig. It was supposed to be a stuttering lovesick soldier singing on his way to war....

Wednesday, September 6, 2017

“You load 16 tons, and what do you get. Another day older and deeper in debt!” Tennessee Ernie Ford – 1956 During September, our fearless leaders in Congress are set to address the debt ceiling. In simple terms, the...

Tuesday, August 29, 2017

“So You Say it’s Your Birthday” In 1968 the Beatles released their White album, which included the song “Birthday.” I’m sure you’ve sung it a time or two. My birthday is at the end of August....

Tuesday, August 15, 2017

“We’ve only just begun” – The Carpenters, 1970 Welcome to Kreke-Leaks. I hope you enjoy this blog and follow it when a topic interests you, and maybe even pass it along to others who might find it beneficial....