Wealth Management | Plancorp | Global Economy (2)

The Bipartisan Budget Act of 2015

On November 2, 2015, President Obama signed into law the Bipartisan Budget Act of 2015, legislation that raises the federal debt limit and establishes the framework for a two-year budget deal. The legislation, needed to avoid an impending default on U.S. debt, also contains multiple unrelated Read more…

China's Bear Market

China’s stock market has fallen over 30% in the past few weeks and wiped out roughly $3.5 trillion in wealth – or about 33% of China’s GDP. Our direct equity exposure to China is roughly 1.5%, so we don’t see reason for panic at this time. In fact, any related volatility could be good for long-term Read more…

5 Things to Know About Greece's Financial Situation

Stock volatility has picked up this week in response to the breakdown in Greek debt negotiations over the weekend. Because the situation is fluid, any written commentary in this environment can become outdated as quickly as it is published. Read more…

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