September 2018

Post 1 to 5 of 5

The Fed raises rates again

As expected, the Federal Reserve raised rates by 25 basis points yesterday. And at this point, the outlook for the remainder 2018 looks largely determined, with both 75% of Fed officials and the markets pricing in one more rate hike in December to make it four for the year. What remains to be seen – and the focus for many with yesterday's release – is how policy will develop in 2019 and beyond. The only substantive change in yesterday's statement was the removal of a sentence noting the sta… View More

Markets Eye Federal Reserve meeting this week

Trade tensions continued to dominate the headlines; on Monday, the U.S. imposed an additional 10% tariff on $200 billion of Chinese goods.  The tariffs will rise to 25% on January 1st in the absence of a trade agreement.  Despite the announcement, the Dow Jones Industrial Average rose 2.25% while the S&P 500® Index gained 0.85% while the Nasdaq fell 0.29%, the Russell 2000® Index fell 0.55%.  The Dow and S&P 500® both posted record highs on Thursday as the longest bull market on r… View More

No news is good news for the markets

Significant headline news events were in short supply last week yet the major indices moved higher which has been the path of least resistance.  For the week, large caps outpaced small cap stocks; the market leading Nasdaq rose 1.36%, followed by the S&P 500® Index (1.16%), Dow Jones Industrial Average (0.92%) and the Russell 2000® Index (0.50%).  Economic data, including the Consumer Confidence Index, continue to support the markets.  The Index’s 100.8 reading for August is the seco… View More

Unemployment, wage growth and other data still looking very strong as the markets take a breather last week

September began with across-the-board declines in response to uncertainties related to trade tariffs with China and the NAFTA negotiations with Canada.  Last week the Dow Jones Industrial Average led the markets with a fractional 0.19% loss; the S&P 500® Index declined 1.03%, the Nasdaq fell 2.55% and the Russell 2000® Index lost 1.58%. On Wednesday, trade negotiations between the U.S. and Canada resumed but the parties had not reached an agreement as the week ended; the pressure builds… View More

Moving forward on trade

NAFTA negotiators remain upbeat about the prospects of a deal. This will be an "agreement in principle" rather than a full deal which means that while it won't be signed, it can still trigger the formal Congressional review so that Mexico's current President is able to sign it before his term ends and he leaves office. However, on Friday, negotiations between the U.S. and Canada appear stalled in meeting the White House’s imposed deadline. Even so, President Trump plans to notify Congress o… View More

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Fortem Financial Group, LLC, has adopted this policy with recognition that protecting the privacy and security of the non-public personal information we obtain about our customers is an important responsibility.

All financial companies choose how they share your non-public personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your non-public personal information. Even when you are no longer our customer, we will only share your non-public personal information as described in this notice. So, please read this notice carefully to understand what we do.

The types of non-public personal information we collect and share depend on the product or service you have with us. This information can include items such as your Social Security number and income, your account balances and transaction history, and your investment experience and account transactions.

We collect your non-public personal information in a variety of ways. For example, we obtain your non-public personal information when you open an account or give us your income information, tell us about your portfolio or deposit money, or enter into an investment advisory contract. We also collect your non-public personal information from other companies. For example, from the custodians who hold your account assets.

All financial companies need to share customer’s non-public personal information to run their everyday business. Below, we describe the reasons we can share your non-public personal information and whether you can limit this sharing.

We share your non-public personal information for our everyday business purposes such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, report to credit bureaus, to protect the confidentiality or security of your records, or as permitted by law. We may also share your non-public personal information for our own firm’s marketing purposes; so that we can offer our products and services to you.

Federal law gives you the right to limit only sharing non-public personal information about your credit worthiness for our affiliates’ everyday business purposes; sharing non-public personal information about you with our affiliates to market to you; and sharing non-public personal information with non-affiliates to market to you.

We don’t share non-public personal information about your creditworthiness with our affiliates for their everyday business purposes. We don’t share your non-public personal information with our affiliates to market to you. We don’t share your non-public personal information with non-affiliates to market to you. We also don’t share your non-public personal information for joint marketing with other financial companies. State laws and individual companies may give you additional rights to limit sharing.

We share non-public personal information with our parent company affiliate, Focus Financial Partners, Inc, for its internal and external auditing purposes. We also share your non-public personal information with a non-affiliate for the purpose of aggregating it and providing summary information based on this data to our parent company, Focus Financial Partners, Inc.

To protect your non-public personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

Our policy about obtaining and disclosing non-public personal information may change from time to time. We will provide you notice of any material change to this policy before we implement the change.

If you have questions please call us at 760-206-8500 or go to our website at


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