Posts by JMG Financial Group
2025 in Review
INVESTMENT COMMITTEE COMMENTARY December 2025 Wall Street performance wavered in December impacted by the Federal Reserve’s (Fed) policy decisions and short-term momentum shifts in the technology sector. The markets were also impacted by the delayed release of a large influx of economic data following the 43-day government shutdown. Full economic data from the shutdown is still…
Read MoreJMG Announces Support for The Outreach House
As the year comes to a close, we want to extend our heartfelt gratitude for your continued trust and partnership. It’s an honor to be part of your financial journey and your lives. At JMG, we believe in strengthening the communities where we live and work by supporting organizations that create meaningful change. Each year,…
Read MoreThoughts Regarding a “K-Shaped” Economy
INVESTMENT COMMITTEE COMMENTARY November 2025 November was a volatile month for the U.S. stock market. Leading stock indexes declined for three straight weeks as investor sentiment slipped on concerns about the valuation of megacap tech stocks. However, as more economic data became available following the reopening of the federal government, the market staged a strong…
Read MoreJMG’s Investment Process, Designed Around You (Part 3 – Investment Selection and Implementation)
By Bill German, Chief Investment Officer, Principal, CFP® and John White, Principal, CFA, CFP® This article is the third in a four-part series. In the previous articles we discussed the first two steps in the overall investment process: Client Analysis and Portfolio Design. In this edition, we will discuss the third step in our process, Investment Selection and Implementation, in which…
Read MoreFederal Government Shutdown – The Federal Reserve and Alternative Data
INVESTMENT COMMITTEE COMMENTARY October 2025 Stock indices were generally higher in October. Market volatility was higher as the federal government shutdown remained in place and is now the longest shutdown in U.S. history. President Trump and President Xi of China made progress with a “trade truce” which lowered certain tariffs, provided clarity on rare earth minerals…
Read MoreFederal Government Shutdown
INVESTMENT COMMITTEE COMMENTARY September 2025 Major stock indices continued the 2025 rally and surged to new all-time highs in September as economic growth remained stable, tariff increases were no worse than feared and the Federal Reserve (Fed) cut interest rates, beginning the long-awaited rate-cutting cycle. The recent equity rally continued despite growing signs that the…
Read MoreJMG Announces New Principal
We are pleased to announce that Chloe Fakhouri has been promoted to Principal at JMG Financial Group. Chloe has been instrumental to the recent growth of the firm. “I’m incredibly grateful for this next step in my journey and for being part of a firm that has curated a culture that invests in its people…
Read MoreKey Issues Shaping Markets in Late 2025
INVESTMENT COMMITTEE COMMENTARY August 2025 U.S. stocks enjoyed a notable month in August with the S&P 500 and Dow indexes reaching record highs. Wall Street’s performance was largely driven by strong corporate earnings (particularly in technology), an improved trade outlook and continued economic resilience. The information technology sector was the primary driver of the market’s…
Read MoreJMG’s Investment Process, Designed Around You (Part 2 – Portfolio Design)
By Bill German, Chief Investment Officer, Principal, CFP® and John White, Principal, CFA, CFP® This article is the second in a four-part series. In the previous article we discussed the overall investment process and the first step in the process, Client Analysis. Today we will discuss the second step in our process, Portfolio Design, in which your advisor, with guidance…
Read MoreStablecoin Digital Currency Update
INVESTMENT COMMITTEE COMMENTARY July 2025 The economy remained resilient while some signs of weakening appeared in July economic data points. The stock market continued its upward trend from the second quarter, albeit with some volatility. Both the S&P 500 and the NASDAQ reached record highs in July, buoyed by strong corporate earnings and positive sentiment. For…
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