MARKET NOTES MAY 2026 PWJohnson Wealth & Legacy Crude is above $100, inflation is sticky, and central banks are tightening again — yet equities keep printing records. That looks like complacency. The numbers say otherwise. ~7 min …
Kevin Warsh Takes the Fed: Trump’s Pick May Be More Complicated Than Markets Think
Kevin Warsh has officially become the new Chair of the Federal Reserve, replacing Jerome Powell at one of the most challenging moments in recent economic history. The Fed announced that Warsh was sworn in on May 22, 2026, and the Federal Open Market Committee unanimously chose him to lead the board. President Trump nominated him on March 4, the …
Middle East Conflict and Your Portfolio
As of Sunday evening, March 1, 2026 (approx. 5:00 pm Pacific) Over the weekend, open hostilities escalated between the United States and Israel on one side and Iran on the other. Our thoughts are with everyone affected. From a financial perspective, wars often trigger an immediate rise in uncertainty—and markets tend to reprice risk …
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Six Unconventional Reasons to Update Your Estate Plan Now
We’ve all heard that we should get our estate plans done and keep them updated. And we’ve all heard the reasons: “protect your loved ones”; “if you don’t decide who gets your stuff then the courts will”; “reduce potential family conflicts”; “if you’ve had a change in family status”; “to save your loved ones taxes and probate fees.” All true, but if …
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