Private Credit Stress: Will The Fed Backstop Excuberance Again?
2026-03-18
The Fed is governed by its dual Congressional mandates of price stability and maximum employment. At times, however, the Fed throws these mandates out the window to protect the financial system. With liquidity and credit stress in the private credit market rising, we must consider whether the Fed might once again ignore its mandates to …
Continue reading »
AI Bubble: History Says Caution Is Warranted
2026-01-28
Larry Fink, CEO of BlackRock, recently declared: “I do not believe there’s an AI bubble by any imagination.” We agree and disagree. We believe AI is a technological game-changer on par with the invention of the computer and the internet. AI technology is not a bubble and will prove incredibly valuable and productive. However, it’s …
Continue reading »
1-23-26 The Hardest Part of Legacy Planning – Starting the Conversation
2026-01-24
Most people think the hardest part of legacy planning is legal documents, estate taxes, or complex strategies. In reality, the most difficult part is much simpler—and more uncomfortable: starting the conversation.
Richard Rosso and Jonathan McCarty discuss why these conversations are so difficult, why avoiding them creates greater risk for families…and offer a starting point solution.
0:00 INTRO
0:19 – Punxsutawny Ted Cruz & Texas Winters
1:47 – The Hardest Part About Legacy Planning
3:20 – When You Have Kids…
5:57 – The Basics of Health Directives
7:25 – The Five Wishes process
10:25 – Wish-1 – Who Makes Healthcare Decisions for You?
14:29 – Wish-2 – What Kind of Care?
17:10 – Organ Donation & EOL Planning
20:45 – Wish-3 – How Comfortable to You Want to Be?
21:28 – Wish-4 – How Do