Our Blog

American voters re-elected Donald Trump as the 47th President of the United States. The divisions in our country are strong, but we believe our people and our institutions have the resiliency to continue to move our country forward.

We know the upcoming election is top of mind and what could (or could not) be affected by the outcome. Here are some snippets on a few leading topics.

TRADING VS. INVESTING AND HOW MARKETS REACT DURING ELECTIONS: 

This will be the 11th Presidential election we’ve guided clients through since Penny Bond founded the firm in 1982. We have weathered many shifting political landscapes over the decades, but we believe the current trends in voter demographics and engagement are noteworthy.

Election season is upon us and for those in Minnesota, we know that means fall is coming (and eventually, snow). Given the current election landscape, it is hard not to draw parallels to the 1968 election.

Here Come the Conventions! 

No surprise. Here we are at the highly anticipated FOMC’s June meeting, and the outcome is underwhelming. Despite last month's unexpected drop in inflation to 3.3%, the Federal Reserve is holding interest rates steady at the 5.25%-5.5% range until there is a clearer indication of slower economic growth.

According to Dr.

Hi, I’m RJ Devick, partner and CEO of Bond&Devick Wealth Partners.  I wanted to take the time to give everyone an update on the state of our firm.  I am sure you have noticed the number of changes we have experienced over the past few years. 

“I think herd mentality is a good thing overall. Because if every sheep had to figure out the velocity of the wolf and their personal risk, that would take forever.”  ~Neal Barnard

Herd Mentality

Investors diversify portfolios to help mitigate risk.  In addition, since the future is unknown, diversification can help provide investors with the opportunity to share in the appreciation of different asset classes without trying to guess which investments will outperform over the short-term.