Seymour Zises, President and co-founder of Family Management, writes bi-monthly opinions on issues and observations of relevance to clients and investors.
A new government shutdown has arrived as Congress and the President remain at odds over funding. While some public services will pause temporarily, essential programs like Social Security and Medicare will continue. History shows that when Washington eventually resolves these standoffs, the economy tends to rebound quickly—reminding us of the underlying resilience of the U.S.
The U.S. economy is currently operating in a mixed environment. Consumer spending remains solid, helping support moderate growth. However, inflation concerns, and the Federal Reserve’s monetary policy adjustments are weighing on financial markets. The July 2025 jobs report showed only 73,000 new jobs—below expectations—highlighting a slowdown in hiring. Sectors like healthcare and social assistance continue
Capital Ideas-Mid Year Comments As we navigate the ever-evolving global environment, here are some of my specific thoughts into the current economic and investment landscape. Geopolitical Climate and Market Volatility In 2025, global tensions such as trade wars, regional conflicts, and new tariffs are significantly influencing financial markets. This uncertainty often leads to increased volatility,
It is still incredible to think that many of us work through May or June to pay our taxes. Even so, there were times in U.S. history where we paid much more. During the administration of President Dwight D. Eisenhower, from 1953 to 1961, the top income tax bracket in the United States climbed to
Identity theft is a major problem. If you are not taking it seriously, you should. American adults lost a total of $43 billion to identity fraud in 2023 according to AARP. Approximately 15 million people were affected. The stock market climbed higher with the prospect of lower corporate taxes and the pro-business administration entering the
