Author: Wes Dennis

By Asset Allocator Journal Staff US inflation for April unexpectedly declined, easing Federal Reserve concerns, as the core Consumer Price Index rose 0.3% month-over-month and 3.6% year-over-year, both figures slightly below forecasts. This development bolstered expectations for potential Fed rate cuts later this year and sparked positive market reactions, as reported by the Financial Times. […]

By Asset Allocator Journal Staff High-net-worth clients are integrating philanthropy into estate plans to blend tax efficiency with legacy goals. EP Wealth Advisors highlights that donor-advised funds provide immediate tax deductions while allowing flexible charitable grants over time. Charitable remainder trusts offer income to heirs before donating residuals to nonprofits, and direct bequests ensure targeted […]

By Asset Allocator Journal Staff Alphabet Inc. lost $115 billion in value, per Advisor Perspectives, as Apple’s AI-powered search plans for Safari threaten Google’s revenue stream. Eddy Cue’s testimony to the U.S. Department of Justice noted declining Safari searches due to AI alternatives, impacting Alphabet’s core business. Wealth managers should closely monitor tech portfolios, as […]