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You can find reports from our Investment and Research team, timely and informative financial planning topics from our Wealth Management team, and deeper dives on various important topics in our white papers from any team member. Read online, share with friends, or download for your convenience.

Merriam-Webster defines philanthropy as goodwill to fellow members of the human race; especially: active effort to promote human welfare.” 

The Sarasota community came together to stretch this definition to new heights, taking philanthropic action for the benefit of hundreds of important causes for 24 hours on May 1 and 2 as part of the 2018 Giving Challenge.

It’s tough to remember how we managed our daily lives without smartphones. How did we get around town without quick access to Google Maps? Pay our bills on time before we had credit card and banking apps? Or let someone know we were running late without text messaging?

Because completing tasks on smartphones is so easy, we tend to overlook the sensitivity of the data we store on them. And that could be a recipe for disaster. To help you safeguard your confidential data, we’re sharing five mistakes that most of us make when using our smartphones, along with some simple fixes that you can put in place today. 

For those of you who were unable to join us for our Quarterly Market Update at Selby Gardens on April 18th, we had a wide-ranging presentation from members of Allegiant’s Wealth Advisor and Investment teams. 

Heavy doses of volatility have been par for the course in 2018. With the U.S. economy remaining on solid ground, the uptick in volatility has been led by concerns surrounding a potential trade war, not by a change in underlying fundamentals. The chart above shows the price movement of the S&P 500, along with several trade related and other key political headlines. While markets have remained volatile over the last few weeks, you can see that recent swings have not been as pronounced as the swings that we witnessed earlier this year. This may signal that the market is beginning to discount some of the trade-related headlines, opting to wait and see how the situation plays out instead of making knee-jerk reactions.

This month’s sharp selloff in technology stocks highlights how quickly investor sentiment about a given sector of the stock market can change. Technology shares dropped as investors rotated out of these higher growth names and into more value-oriented sectors of the market. While there were a few drivers behind the recent pullback, notably the data leak out of Facebook, the majority of the selloff seems to simply reflect a shift in investor sentiment. Investor sentiment can turn on a dime and in the short-run can dominate market fluctuations. However, in the long-term these emotional factors tend to cancel each other out and the underlying fundamentals of a given company really drive performance.

For those who are planning to travel outside of the United States, consideration should be given to trip protection, health insurance, theft insurance, and other related insurance such as evacuation, baggage, and flight insurance. Making sure that you have the adequate insurance in place prior to traveling can relieve concerns and allow you to enjoy your trip with fewer worries.

Analysis and Implications of the Recent Decline in U.S. Purchasing Power

Recent weakness in the U.S. dollar has been one of the most talked about topics in financial markets over the last few months. With all of the chatter surrounding the greenback, it’s important to put the recent move in historical context and evaluate the implications a weaker dollar has on the economy and you – the investor.

As the field of Artificial Intelligence (AI) expands, governments and policy makers will need to make significant changes in their approach to modeling economics and in crafting policy guidelines for the new economy. The reason why this will be necessary is straightforward. Today’s economic models are based on theories originated in a time of scarcity. Productive capacity for many if not all goods were limited. Demand for products was relatively easy to identify and analyze. The equation was something along the lines of total income across all industries less savings and investments equaled total demand. Production of goods and services, with serious time lags, would catch up and then surpass demand and thus create economic boom and bust cycles. Later in economic history, we added credit expansion and market intermediaries that allowed for increased growth by leveraging the existing capital stock.