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America lost a television icon in August with the passing of Bob Barker, long-time host of The Price is Right. As one of our colleagues insightfully noted, he died at age 99, coming as close as possible to 100 without going over. We will come on down and use a few of the show’s games for this month’s recap. September Update - Key Takeaways • Fed policy finally started to squeeze investors in August. • The deck remains stacked against investors as we consider the factors we track. • The rest of the year may be a cliff hanger, especially for higher valuation stocks.

The French Enlightenment philosopher, writer, historian Voltaire once wrote: “The Holy Roman Empire was neither holy, nor Roman, nor an empire.” Adapting one of history’s pithier jibes to the realm of financial advice, we think the so-called passive index is most often neither passive nor an index, and it is most certainly not investing. Investors should take heed.

Episode 13 features Adam Eaglston, the Chief Investment Officer of Formidable Asset Management. Formidable is an active and adaptable financial services company. They employ a disciplined process and build client portfolios and develop financial plans.

August Update - Key Takeaways • Returns for equities continue to be dreamy in 2023. • While GDP growth remains resilient, other factors point toward a dose of reality. • While investors remain transfixed by the attraction of stereotypical growth at any price, we look for opportunities elsewhere.

Thank You, Gentlemen! As summer comes to an end—Formidable would like to extend a heartfelt thanks to our summer interns for all their great work. We wish Sathya Panchu and Pierce Kreider the best of luck as they return to Cal-Berkeley and UNC, respectively. We’re all excited to see what they do next, and [...]

Key Takeaways • Seven (7) stocks, fueled by AI mania, account for all the market’s return in 2023. • Employment and economic growth remain resilient, but so does inflation. • With everyone piled onto the same side of the ship, we look for opportunities elsewhere.

Key Takeaways • The second largest bank failure in U.S. history was not enough to take stock indexes lower in April. • A smaller and smaller cohort of megacap stocks continues to account for almost all of the market’s returns. • Current expectations for the paths of earnings and interest rates are almost certainly mutually exclusive yet serve as the foundation on which index investors are relying.

On today's Drill Down, Vince Molinari discusses the current appeal of ETFs with Adam Eagleston, Chief Investment Officer of Formidable Asset Management LLC. They discuss the benefits of growing ETF portfolios and Adam's role in assisting investors in achieving long-term objectives.

Key Takeaways • The second largest bank failure in U.S. history was not enough to take stock indexes lower in April. • A smaller and smaller cohort of megacap stocks continues to account for almost all of the market’s returns. • Current expectations for the paths of earnings and interest rates are almost certainly mutually exclusive yet serve as the foundation on which index investors are relying.

Few things are less pleasant than doing your taxes. Whether you are a DIYer or pay an accountant, going through the toil and trouble of compiling tax information is never fun.