Newsletter 2023

The Armbruster Capital Management News & Education section of our website incorporates articles, vidcasts, and newsletters specifically geared towards issues that our clients are facing today.

ACM Journal - Investment Management
17 Apr

Chris’s Corner: – Cash Management

For the past several years, it has been impossible to get any sort of return on cash balances. The Fed Funds rate was literally zero for a while, and banks, money market funds, and CDs all paid close to zero percent interest on cash balances. You could leave money in your bank account because there wasn’t much opportunity cost.

However, that has changed over the past year as the Fed has aggressively raised short-term interest rates.

ACM Journal - Investment Management
17 Apr

Are Stocks Too Expensive? – Q1 2023 Newsletter

If the overall stock market falls from here, which we consider fairly likely, value and international stocks will probably also decline. However, their low valuations should help insulate them from severe declines, and we expect that they will outperform growth-oriented stocks. So, today may not be the day they ring the bell to signal the market bottom, but for certain market sectors, this will likely be an attractive buying opportunity when we look back from a decade in the future.