Last week, Kansas City officials announced a hiring freeze to address a projected $100 million budget shortfall for fiscal year 2027. When asked about the decision, Mayor Quinton Lucas explained that there is a fundamental “mismatch between income and expenses.” He attributed much of the growing deficit to the rising [...]
Harry Truman said, There is nothing new in the world except the history you do not know. (brainyquote.com) Therefore we first look at some of the financial big picture occurring in 2024. Regarding stocks, the top three sectors were technology, consumer cyclical, and financials. No surprise about technology with the [...]
You have probably seen statistics that over decades of time, the general stock market rises by an amazing percentage, but average investors experience mediocre or even poor results. Vats of ink—in the old days at least—have been invested in writing about the reasons for this anomaly. Today there is [...]
If you’re reading this column there is a good chance you’re hoping I have an answer to the question everyone is asking right now. What is going on! I will do my best do provide some context to recent market volatility. In the mid-2000’s, the Federal Reserve Bank (Fed) was [...]
Stewardship Capital is proud to continue its partnership with the Community Services League in assisting communities to reach their potential by providing immediate relief to people in need, assessing their situations, and providing solutions that lead to economic stability. Sponsoring events such as the 2017 Luminous Gala help us to [...]
Saturday evening at the annual Toast To Our Towns Gala, Ron Finke was awarded the “Paul M. Thomson Professional Advisor of the Year” from Truman Heartland Community Foundation. The award recognizes investment advisors who share their time, talent, charitable contributions and leadership with the community. “I am honored and humbled [...]
Recently my mother and father-in-law purchased a lake house in which they took out a mortgage. Since she knows what I do for a living, she sought my counsel about the best methodology for paying off the mortgage as quickly as possible. She asked my opinion about pulling funds out [...]
There are two sides of the coin of living longer. We often want to live longer to have great relationships with our grandchildren and great-grandchildren. You know, those youngsters with whom we can conspire against our children? But then we don’t want to outlive our enjoyment either. When I can [...]
Prior to the civil war, Abraham Lincoln said “a house divided against itself cannot stand” and I believe those words are no less true today. Although the division we see in our nation has existed beneath the surface for many years, recent events have shown a spotlight on the cultural, [...]
At the end of the coolest KC area August of those I remember, it is difficult to believe that two-thirds of 2017 is now history. We have witnessed a veritable plethora of events and conditions about which most of us could worry. Meanwhile, Mr. Stock Market has plunged confidently onward [...]
