Will Social Security Change As Spending Cuts Are Considered?

Published on April 4, 2025

Social Security faces funding issues by 2035, but major changes to the program are unlikely in the near term.

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April 2025 Update

April 4, 2025
To summarize the market action of March of 2025: U.S. stocks (SPX) did poorly, international stocks (especially Europe, VGK) did well in dollar terms, and gold (IAU) did spectacularly well. The main culprit appears to market concerns about the Trump administration’s tariff policies.

How Upside Caps in Buffered ETFs are Determined

April 4, 2025
The popularity of Buffered ETFs, also referred to as Defined outcome ETFs, has exploded over the last five years. Historically there has been a wide deviation in caps over the years.