Your Money

Charles Schwab released its mid-year outlook with the following statement: Diverging economic data and changing expectations for rate cuts have continued complicating the market outlook. Nevertheless, amidst the cross-currents and recent market volatility, Schwab remains optimistic about continued positive performance driven by robust corporate earnings and promising economic growth prospects.

Schwab expects critical economic factors to influence market sentiment, notably inflation concerns and the anticipated responses from central banks through their monetary policy decisions. While acknowledging potential risks, Schwab's analysis underscores a favorable underlying environment for investors who remain disciplined through balance and diversification.

At PWM, we remain committed to diversifying portfolios between stocks and bonds, foreign and domestic, large and small, public and private.

Personal video statements and quarterly summaries will be going out this week.

Schwab Market Perspective: Mid-Year Outlook
by Liz Ann Sonders, Kathy Jones, Jeffrey Kleintop, Kevin Gordon

Your Life

Having a pet is wonderful but also an investment in time and money. It’s not only the purchase or donation price but also food, pet supplies, training, and vet bills. Pet insurance helps cover the costs of medical care, but are the monthly payments really worth it? Premiums may vary significantly based on your pet’s age and breed, the cost of veterinary care in your area, and the insurance policy you choose. There are several different types of policies. There are accident-only coverage and policies that include wellness visits. Many policies have deductibles, limits, and payouts. Pre-existing conditions can be a problem in coverage, and as your pet ages and becomes more prone to health issues, coverage can be very expensive if it is even available. This article explores all aspects and can help in your decision-making process.

Is Pet Insurance Worth the Cost?
by Sarah Schlichter

Complexity Simplified

Are you looking to replace your washing machine? A washing machine is a significant investment, and choosing the right one is important. Should you get a front or top-load washer? This article breaks down each type's pros and cons, comparing costs, cleaning ability, usability, size, energy efficiency, and repairs and maintenance. Basically, a front-loading machine is probably your best option if you're more concerned about a high-quality wash and energy efficiency. However, a top-loader may be perfect if you want a lower up-front cost, shorter wash times, and the capacity for large loads.

Front-Load vs. Top-Load Washers: Which Is Actually Better?
by Marnie Kunz 

Trivia