High School Action Plan Part 2: Junior and Senior Years

Published on September 10, 2026

As students get closer to making a final college decision, the last two years of high school are particularly important. Parents will want to review their financial strategy to meet the costs of college, including a review of current savings, financial and merit aid, scholarships and loan options.

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Strong Jobs Data Raises Fed Pressure

September 10, 2026
The August employment report was much stronger than expected and reinforces my view that the U.S. economy remains remarkably resilient. Payrolls increased by 162,000, above every estimate, while revisions added another 55,000 jobs to the previous two months. The workweek increased by one-tenth of an hour, the household survey was extremely strong, and the participation rate finally moved higher.

Welcome Back, Balanced Portfolio

September 10, 2026
For much of the past decade and a half, investors saw little reason to favor bonds over equities. Yields were low and returns were muted, especially in passive strategies. Equities seemed to offer a much clearer path to long-term capital appreciation. For many investors, bonds were, at best, ballast: a dull but generally stable component of a broader portfolio. Then the experience of 2022 had inve