Posts by Basil Schmitz
AE Wealth Management: Weekly Market Insights | 8/10/25 – 8/16/25
Weekly Market Commentary THE WEEK IN REVIEW: Aug. 10-16, 2025 Markets rise on rate cut expectations A lot was riding on inflation data last week, with many of the usual “experts” calling for the Consumer Price Index (CPI) to go up in response to tariffs. As usual, they were wrong, and the CPI stayed fairly…
Read MoreAE Wealth Management: Weekly Market Insights | 8/3/25 – 8/9/25
Weekly Market Commentary THE WEEK IN REVIEW: Aug. 3-9, 2025 Trump follows through With the Aug. 1 tariff deadline looming last week, some traders were banking on President Donald Trump extending the deadline once again. But he followed through for the most part, saying the deadline “will not be extended” and making the tariffs effective…
Read MoreAEWM Wealth Report: How the Fed Funds Rate Impacts U.S. Consumers
Download PDF Version Overview After cutting interest rates three times in the last half of 2024, the Federal Reserve paused cuts in the first six months of 2025. Their reason for the pause: potentially inflationary tariffs and solid economic data.1 Throughout the pause, markets continued to keep a close eye on signs the Fed might…
Read MoreAE Wealth Management: Weekly Market Insights | 7/27/25 – 8/2/25
Weekly Market Commentary THE WEEK IN REVIEW: July 27-Aug. 2, 2025 Here we go again? There was a lot going on last week, from the Federal Reserve meeting and July jobs (more in the section below) to tariff deadlines, earnings and the initial second-quarter gross domestic product (GDP) report. The week started off well enough,…
Read MoreAE Wealth Management passes $40 billion in assets
On Monday, AE Wealth Management, a wealth management firm out of Topeka, announced it has over $40 billion in assets under its management. According to a press release from AE Wealth Management, the company has drastically grown since its inception in 2016. In 2023, the company reported having over $19 billion in assets.
Read MoreAE Wealth Management: Weekly Market Insights | 7/20/25 – 7/26/25
Weekly Market Commentary THE WEEK IN REVIEW: July 20-26, 2025 Records keep rolling Another week, another set of records. The S&P 500 and Nasdaq kept the winning streak alive, notching fresh highs for the second consecutive week.1,2 The Dow wasn’t left behind, gaining 1.26% and sitting just under highs from earlier in the year.3 What’s…
Read MoreHow Advisers Can Steer Their Clients Through Market Volatility (and Strengthen Their Relationships)
Market volatility can trigger powerful emotional responses in investors, often leading to rash decisions that compromise long-term financial health.
Read MoreAE Wealth Management: Weekly Market Insights | 7/13/25 – 7/19/25
Weekly Market Commentary THE WEEK IN REVIEW: July 13-19, 2025 The drama continues It feels like we’ve been writing about this every week for the last six months, but once again, President Donald Trump says he wants to fire Federal Reserve Chair Jerome Powell because interest rates are “artificially high.”1 Last week opened another chapter…
Read MoreAE Wealth Management: Weekly Market Insights | 7/6/25 – 7/12/25
Weekly Market Commentary THE WEEK IN REVIEW: July 6-12, 2025 It’s like déjà vu all over again The third quarter of 2025 is starting out with some eerie parallels to the way the second quarter opened. But so far, markets are a little more chill than they were in April. Back then, markets were jarred…
Read MoreAE Wealth Management: Weekly Market Insights | 6/29/25 – 7/5/25
Weekly Market Commentary THE WEEK IN REVIEW: June 29-July 5, 2025 “Big Beautiful Bill” signed into law Now that President Donald Trump has signed the sweeping reconciliation bill into law, the markets can take that potential unknown off the table and adapt to a new landscape.1 This does not mean the bill is perfect, that…
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