Taxpayers can use year-end opportunities—like Roth conversions, charitable giving, and bracket management—to smooth taxes over time, protect against stealth taxes such as IRMAA and Social Security taxation, and ultimately reduce Uncle Sam’s share through deliberate, long-term strategy.
Doug Johnson and Dan Rinck highlight a resilient but unusual market, where strong earnings, solid GDP growth, and easing inflation coexist with speculative investor behavior and skepticism.
Markets rebounded strongly in 2025 after a rocky start, with equities, bonds, and gold all delivering solid gains, driven by resilient earnings, easing inflation, and investor risk appetite. While risks such as tariff uncertainty, labor market softening, and market concentration remain, HCM’s base-case outlook calls for a “soft landing” with steady growth, gradual Fed rate cuts, and continued, though potentially choppier, positive returns into year-end.
Doug Johnson, CFA and Dan Rinck, research analyst, discuss GDP growth, Employment, and Earnings Updates, Market Recovery Post-Tariff Shock, and Historical Perspective
Our Senior Investment Strategist, Doug Johnson CFA, Wealth Advisor & Vice President, Casey Boland, and Research Analyst, Dan Rinck, provide an update on market activity since Friday. They discuss volatility, risk analysis, and put the current events in historical context.
Doug Johnson CFA, Senior Investment Strategist, and Dan Rinck, discuss the recent announcement of tariffs, how the markets have responded, and HCM's plans to manage the ramifications of these events.