The AI Boom
Submitted by Bond & Devick Wealth Partners on June 25th, 2026“Patience is also a form of action,” Auguste Rodin.
It can be difficult to be patient, but it can be even harder to be disciplined.
“Patience is also a form of action,” Auguste Rodin.
It can be difficult to be patient, but it can be even harder to be disciplined.
Inflation rarely moves in a straight line. Over time, it has risen and eased in response to events ranging from energy shocks in the 1970s to geopolitical conflicts to more recent supply‑chain disruptions. These periods can feel unsettling in the moment, but history shows they are a normal part of the economic cycle rather than a permanent condition.
Bond&Devick’s roots go back 44 years, when our founder, Penny Bond, made the leap from a tax auditor to a financial planner. The markets have seen their fair share of ups and downs over those years. We try to reach out to clients during periods of market volatility to try to calm nerves and focus on the long term.
Bond & Devick’s roots date back to 1982. At that time, the United States was engaged in combat operations in Lebanon during the Lebanese Civil War. Since then, America has been involved in conflicts ranging from Grenada, Panama, Iraq, Somalia, Haiti, the former Yugoslavia, Afghanistan, Libya, Syria, and many other places.
On Edge
Many of us at Bond&Devick enjoy playing Connections, the New York Times puzzle where you group sixteen words into four related categories. For example, “cat, dog, guinea pig, and parakeet” might form a set of common pets. The actual game is often far more challenging, with subtle and unexpected links.
At Bond&Devick, our team brings a wide mix of life experiences and opinions—on everything from markets to music to literature. No one is ever truly wrong (except Matt, who insists chili shouldn’t have beans), and those different perspectives help us see the world more clearly.
In the 1990s, tech stocks soared to unprecedented heights—even though many companies had little to no revenue, let alone profits. Month after month, year after year, the rally continued. There were bouts of volatility, of course, but “buy the dip” investors eagerly snapped up more shares whenever there was a downturn. Sound familiar?
In 2025, the U.S. economy is being reshaped by massive corporate investment in artificial intelligence (AI). This trend is not only redefining market dynamics but also revealing deeper concerns about economic stability and long-term productivity.
AI Investment: A Lifeline for Economic Growth
Federal Government Shutdown: What You Need to Know
Today at 12:01 AM Eastern Time, the federal government shut down. Since 1976, when Congress introduced the modern budget process, there have been 21 government shutdowns, with the most recent one occurring in late 2018 into early 2019.
Important Tax Updates: One Big Beautiful Bill Act (OBBBA)
We’re sharing an important update on how the recently passed One Big Beautiful Bill Act (OBBBA) may affect your taxes and planning strategies, both this year and in the years ahead.
No Immediate Action Required (With a Few Exceptions)