Fi Plan Partners

By Fi Plan PartnersEducation Self-Improvement

Fi Plan Partners episodes

November 10, 2025 Shutdown Over: Now What?
Understanding the Shutdown’s Economic Impact
The surprise agreement over the weekend marks significant progress toward ending the shutdown. Lawmakers have reached the 60-vote threshold in the Senate to move forward with a “minibus” spending bill, which funds portions of the government, including the Department of Agriculture and food assistance programs, through September 30, the end of the federal fiscal year. The remaining sections of the budget will be funded through January 30 of next year, meaning another round of negotiations will likely resume in early 2026. This deal came together after eight Democratic senators joined Republicans to push forward the effort to reopen the government. While past shutdowns haven’t always had major effects on markets, this one had begun to weigh on economic activity. Consumer spending in travel and leisure started to decline, particularly ahead of the busy Thanksgiving travel period. One key data point that illustrates the shutdown’s economic drag is the U.S. Treasury General Account, effectively the government’s savings account. During the shutdown, the government continued to collect taxes and borrow money, but payments and spending were halted. As a result, the Treasury’s balance swelled from $819 billion to $953 billion, removing roughly $134 billion from circulation in the economy. This dynamic created a liquidity squeeze, slowing overall economic activity. With the shutdown now ending, those funds should begin flowing back into the economy, a trend our team will be watching closely in the weeks ahead.
A Spike in Layoffs Raises Concern
While the shutdown dominated headlines, another development emerged last week that investors should pay close attention to: a sharp increase in corporate layoffs. According to a report from consulting firm Challenger, Gray & Christmas, U.S. companies announced 153,000 job cuts in October, nearly triple the 54,000 reported in September. This spike marked the worst October for layoffs in more than two decades and the highest single-month total for the fourth quarter since 2008. Companies cited both cost-cutting measures and the adoption of artificial intelligence as primary reasons for workforce reductions. Although official Labor Department data has been delayed by the shutdown, private-sector reports like this one give early signals about labor market health. A weakening job market often leads to slower consumer spending, which can in turn pressure corporate earnings, and ultimately, stock prices. As a result, Fi Plan Partners is watching employment data closely for signs of further deterioration or stabilization in the months ahead.
How Markets Respond After Shutdowns
It’s worth revisiting the underlying cause of this record-long shutdown: a dispute over Affordable Care Act subsidies. The cost of extending these subsidies was estimated at $30 billion for one year, but as the shutdown dragged on, federal employees stood to lose an estimated $252 billion in wages if it continued for a full year. The imbalance between political gridlock and real economic consequences ultimately helped drive both parties toward compromise. Looking forward, how do markets typically react once a shutdown ends? Historical data provides some encouragement. In most prior cases, the S&P 500 has posted positive returns in the months following the reopening of the government. One year after past shutdowns, the market has been higher 88% of the time, with an average gain of just over 15%. While past performance is no guarantee of future results, history suggests that markets often rebound once the uncertainty of a shutdown is removed, particularly if underlying fundamentals, such as corporate earnings, remain strong.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Bobby Norman, CFP®, AIF®, CEPA®
Managing Director
Wealth Consultant
Email Bobby Norman here
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here
Ty Miller, AIF®
Vice President
Wealth Consultant
Email Ty Miller here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post Shutdown Over: Now What? first appeared on Fi Plan Partners.
5 min
November 07, 2025 How Smart Businesses are Using AI to Level Up: Insights with Magna5
AI is changing the game, and this week on Innovation Mavericks, Greg Powell sits down with Magna5’s Justin Cameron, Jacob Bever, and Jeff Jablonski to explore how businesses are turning AI into real-world results. From driving team adoption to keeping the conversation moving in a rapidly evolving landscape, their insights are not to be missed.
As a trusted IT partner, Magna5 supports over 700 SMB, mid-market, and enterprise clients with cybersecurity, managed IT, compliance, cloud hosting, AI solutions, consulting, and cutting-edge technology services. Tune in for a conversation that explores the real-world impact of AI and what the future may hold.
Watch to learn more.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post How Smart Businesses are Using AI to Level Up: Insights with Magna5 first appeared on Fi Plan Partners.
20 min
November 06, 2025 Creative Destruction
On this week’s episode of Educational Insights, Trey Booth talks through why innovation can be disruptive, but it’s also a long-term engine for job creation. While new technologies can feel threatening in the moment, history shows they consistently spark new industries, new opportunities, and greater economic growth than they displace. Tune in to learn how creative destruction drives progress and what it means for investors positioning for the future.
Watch to learn more.
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post Creative Destruction first appeared on Fi Plan Partners.
3 min
November 03, 2025 How About Those Credit Cards?
Credit Cards Flash a Warning
Recent data highlights potential strain within the consumer sector. Three of the eight leading economic indicators we monitor are signaling concern, and one area drawing particular attention is credit card delinquencies. The percentage of Americans delinquent by 90 days or more has surpassed 12 percent, a level not seen since the Great Financial Crisis in 2009. Consumers have been a major engine for economic growth, supported by job strength and rising incomes. However, the question now is whether that momentum has come at the cost of greater debt stress. Rising delinquencies paired with potential increases in layoffs could signal pressure ahead. While layoff announcements surged earlier this year and have since stabilized, the underlying trend will be watched closely. Should credit challenges coincide with renewed job losses, the combination could pose a meaningful headwind for both the economy and the markets.
A Shift Toward Monetary Easing
On the policy front, the Federal Reserve has taken a significant step by preparing to end quantitative tightening on December 1. Since 2022, the Fed has reduced its balance sheet by allowing bonds to roll off without reinvestment. As this reverses, maturing bonds will once again be reinvested, adding liquidity back into the system. While not framed as a formal rate cut, the liquidity impact of this change is roughly equivalent to a 25-basis-point easing move. The shift marks a meaningful pivot from the aggressive tightening cycle aimed at battling inflation. Additionally, consumers are expected to feel a positive boost from tax policy. Average tax refunds for 2026 are estimated to be approximately $1,000 higher per filer than in 2025, a roughly 43 percent increase and the largest jump since the post-COVID period. These factors may help offset the rising credit stress noted earlier, offering a counterweight of monetary support and consumer stimulus.
Confidence from Corporate Performance
Alongside policy decisions, financial markets are navigating a temporary gap in federal economic reporting due to a government shutdown. While this limits macro data visibility, clarity remains strong at the corporate level. Roughly 62 percent of S&P 500 companies have reported third-quarter earnings, with growth exceeding expectations. Instead of the anticipated 9-10 percent earnings increase, companies are delivering above 14 percent growth. Ten of the eleven major sectors are outperforming forecasts, underscoring resilience across the business landscape. This solid corporate performance contrasts with mixed macroeconomic headlines and uncertainty about future Federal Reserve decisions. While Fed Chair Jerome Powell has noted that policy direction remains uncertain given the lack of current government data, the strength in corporate fundamentals provides a constructive backdrop for the broader economy and markets heading into 2026.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Bobby Norman, CFP®, AIF®, CEPA®
Managing Director
Wealth Consultant
Email Bobby Norman here
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here
Ty Miller, AIF®
Vice President
Wealth Consultant
Email Ty Miller here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post How About Those Credit Cards? first appeared on Fi Plan Partners.
5 min
October 29, 2025 The Art of Effortless Travel: Insights from Classic Travel by Pam
In our newest episode of Innovation Mavericks, Greg Powell sits down with Pam Smith, owner of Classic Travel by Pam, recently named Hoover’s Best Travel Agency and Best Travel Agent 2025. Pam shares how she turns travel planning into an art form, taking the stress out of every trip while delivering unforgettable, perfectly tailored experiences for her clients. Tune in to hear her secrets for seamless travel, expert planning, and why innovation matters in this industry.
Watch to learn more.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post The Art of Effortless Travel: Insights from Classic Travel by Pam first appeared on Fi Plan Partners.
21 min
October 27, 2025 These Checklists Don’t Lie
Tracking Economic Health: The Recession Checklist
With headlines focused on government shutdowns, slowing consumer spending, and questions about the direction of the economy, now is the perfect time to revisit our recession checklist, an essential tool we use weekly to evaluate the economy’s health. This checklist functions like a diagnostic report, monitoring key leading indicators such as GDP growth, employment trends, consumer confidence, and manufacturing activity. Currently, three of the eight indicators we track are signaling caution: housing, consumer expectations, and manufacturing. Housing permits have lost momentum amid elevated rates, though we expect improvement as rates ease. Consumer expectations have weakened due to political uncertainty and stubborn inflation, while manufacturing continues to be pressured by ongoing tariff issues. Even so, the broader data remains resilient. Corporate earnings continue to come in strong, a crucial factor supporting equity markets. As we navigate these mixed signals, our focus remains on identifying whether economic softness is temporary or the start of a longer trend.
Reading the Fed’s Next Move
As the Federal Reserve prepares to meet this week, markets seem surprisingly quiet. That silence itself is worth noting, historically, it’s often the events investors aren’t watching that deliver the biggest surprises. We expect the Fed to announce a 25-basis-point rate cut. However, the more important question is what happens next. When the Fed adjusts rates, it’s setting the price of time, balancing what savers earn and what borrowers pay. Last year, a rate cut hurt savers without helping borrowers, as long-term rates rose. This year, we’re beginning to see improvement: mortgage rates and 10-year Treasury yields have both edged lower, signaling better alignment between short- and long-term rates. For the economy to benefit, this downward movement must continue. Lower long-term rates stimulate borrowing, business investment, and housing, key engines of growth. As we monitor the Fed’s actions, our checklist ensures we’re watching not just policy decisions, but their ripple effects across savings, lending, and economic expansion.
The Federal Deficit and Quantitative Tightening
Another important factor shaping the economic outlook is the federal deficit. The government’s fiscal year recently closed on September 30, and the numbers show a deficit of $1.775 trillion, still enormous, but slightly improved. The figure is $41 billion smaller than last year’s deficit and $34 billion lower than prior projections. While the improvement is incremental, progress is progress. Looking ahead, tax policy changes and improved revenue collection could help narrow the gap further over the next several years. In addition to fiscal policy, we’re closely watching the Federal Reserve’s approach to quantitative tightening (QT), the process of reducing its balance sheet by allowing bonds to mature without reinvestment. If the Fed signals a slowdown or end to QT, that could inject more liquidity into the financial system, a historically positive development for equity markets. As we move into the final quarter of the year, we’ll be paying close attention not just to rate decisions, but also to balance sheet policy, both critical to market stability heading into 2026.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Bobby Norman, CFP®, AIF®, CEPA®
Managing Director
Wealth Consultant
Email Bobby Norman here
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here
Ty Miller, AIF®
Vice President
Wealth Consultant
Email Ty Miller here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post These Checklists Don’t Lie first appeared on Fi Plan Partners.
5 min
October 22, 2025 Discovering How to Lead Yourself in Order to Lead Others: Insights with John Bentley
In this week’s episode of Innovation Mavericks, Greg Powell sits down with John Bentley, founder of Power 2 Transform, to explore how true leadership begins with self-leadership. After 21 years in the Air Force and a powerful personal journey of renewal, John shares how discipline, accountability, and emotional awareness can unlock both personal and organizational success. He also opens up about the foundation he launched in memory of his daughter and his upcoming book, I Lead Me, focused on helping others realize their potential. Don’t miss this moving conversation about resilience, growth, and what it really means to lead yourself so you can lead others.
Watch to learn more.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post Discovering How to Lead Yourself in Order to Lead Others: Insights with John Bentley first appeared on Fi Plan Partners.
18 min
October 20, 2025 Profits and Tariffs: A Deeper Dive
Corporate Profit Margins and Market Valuations
In recent months, market valuations have drawn renewed attention as investors question whether current price levels are sustainable. A closer look, however, reveals that strong corporate profitability continues to support elevated valuations, particularly in the S&P 500, where profit margins remain near all-time highs. The technology sector now represents a larger share of the S&P 500 than at any point in history. This shift, combined with robust earnings performance, helps justify today’s higher valuation metrics. Historically, there has been a positive correlation between profit margins and the index’s price-to-earnings (P/E) ratio. When profit margins rise, valuations tend to follow. Despite economic headwinds and investor concerns about stretched valuations, corporate America remains fundamentally healthy. Strong profit margins signal that companies are efficiently managing costs and generating solid earnings, which in turn support dividend growth and shareholder value. As third-quarter earnings season unfolds, early reports continue to reinforce this positive trend.
Tariffs and the Road Ahead
While profits are buoying the market, another force continues to stir uncertainty: tariffs. In early November, the U.S. Supreme Court will hear arguments that could shape how tariffs are implemented in the future. Importantly, this case does not determine whether tariffs can exist, but rather how they are applied under existing law. Lower courts, including the Court of International Trade and the Court of Appeals for the Federal Circuit, have previously ruled against the current administration’s implementation of tariffs. The Supreme Court’s upcoming review will focus on whether the current approach exceeds executive authority. A final decision likely won’t arrive until the first quarter of next year. If the Court rules that the administration has overstepped, temporary measures under “Section 122” could be enacted, allowing tariffs up to 15% for about 150 days, while more permanent rules are developed under “Section 301.” Unlike Section 122, Section 301 has no maximum rate and could reestablish tariff levels closer to where they stand today. The implications for global trade are significant. A short-term dip in tariff revenue, from roughly $376 billion to $285 billion, would represent a brief adjustment period while longer-term policies are crafted. However, the broader concern is not about specific product categories like semiconductors or automobiles, but about the overarching framework of tariff authority itself.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Bobby Norman, CFP®, AIF®, CEPA®
Managing Director
Wealth Consultant
Email Bobby Norman here
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here
Ty Miller, AIF®
Vice President
Wealth Consultant
Email Ty Miller here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post Profits and Tariffs: A Deeper Dive first appeared on Fi Plan Partners.
5 min
October 13, 2025 Market Overvalued? Not so fast…
Understanding Market Valuations
Recent surveys indicate that 91% of fund managers believe U.S. stocks are overvalued, while emerging markets are considered undervalued. Historically, market pullbacks often occur when investors are least expecting them, rather than when caution is high. Significant changes in market composition have contributed to elevated valuation multiples. Technology companies now represent approximately 25% or more of the S&P 500, compared to just 10% in the 1970s. Technology companies typically experience faster growth and trade at higher price-to-earnings multiples, while sectors such as consumer staples, energy, and utilities have declined in index representation. This structural shift helps explain why elevated market multiples have persisted for longer periods in the current market environment. An important metric for evaluating market health is the performance of consumer discretionary stocks relative to consumer staples. In a strong bull market, discretionary spending should rise faster than staples, reflecting higher consumer confidence and excess income. Despite recent minor pullbacks, this relationship has remained strong, providing insight into overall market valuation trends.
The Role of Dividends in Investing
Dividends continue to be one of the most efficient ways for companies to return capital to shareholders and are a significant contributor to total investment returns. Out of the 503 companies in the S&P 500, 407 reported distributing cash dividends to shareholders as of October 7, 2025. Over the long term, dividends have accounted for 36.7% of total returns in the S&P 500 since 1928, highlighting their importance in wealth accumulation. Dividend payments also serve as indicators of corporate health. Through the end of September 2025, only seven dividend cuts and one suspension were reported, compared with 11 cuts and two suspensions in the same period the previous year. Dividends can also act as an effective hedge against inflation: while the Consumer Price Index increased by 35.9% over the past decade, total dividends paid by index stocks grew by 80.9% during the same period.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Bobby Norman, CFP®, AIF®, CEPA®
Managing Director
Wealth Consultant
Email Bobby Norman here
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here
Ty Miller, AIF®
Vice President
Wealth Consultant
Email Ty Miller here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post Market Overvalued? Not so fast… first appeared on Fi Plan Partners.
5 min
October 06, 2025 October Markets: Trick or Treat?
Momentum Carries into October
September is typically known as a difficult month for equities, yet this year it defied that reputation. The broader market ended the month up 3.1%, supported by strong earnings momentum, a resilient economy, and renewed optimism around the Federal Reserve’s rate-cutting cycle. The ongoing surge in artificial intelligence investments also continues to be a powerful catalyst for growth. Historically, October has marked the beginning of one of the best three-month stretches for equities. Since 1950, the S&P 500 has averaged a 4.2% gain from October through December, with positive returns in 80% of those periods. November through January also tends to perform well. While these seasonal patterns are encouraging, it’s important to remember that market performance is ultimately driven by current fundamentals, corporate earnings, policy decisions, and global developments. For now, the data shows strength heading into what is typically one of the market’s most favorable windows.
Earnings Season Takes the Stage
As the fourth quarter begins, all eyes turn to third-quarter earnings. Current expectations call for nearly 7% growth in S&P 500 earnings, a strong figure that could support continued market gains if companies deliver on it. Two sectors stand out this season: financials and utilities. Financial companies are projected to grow earnings by almost 9%, and much of the focus will be on their commentary around compliance costs. Despite talk of deregulation, few measurable changes have occurred, so investors will be watching to see whether lower compliance expenses begin to show up in reports. Meanwhile, utilities, traditionally a slow-growth sector, are expected to post an impressive 9.7% earnings increase. That surge is largely driven by soaring demand for electricity tied to data centers and AI infrastructure. In Virginia alone, roughly 40% of all electricity consumption now goes to data centers. As these companies navigate growing energy demands, the key question will be how they manage costs so that higher usage from large-scale consumers doesn’t overly impact residential customers. Both sectors are worth watching closely, not just for their immediate results, but for the forward-looking strategies they outline to sustain growth into 2026.
Government Shutdown Adds Data Gaps
The recently announced government shutdown adds a new layer of uncertainty. While it’s not expected to have a major long-term economic impact, it does create short-term data gaps. Key government reports, such as employment figures and wage data, won’t be released until operations resume, leaving markets with less real-time insight into economic conditions. The latest available labor data suggests that job openings and unemployment are roughly balanced, indicating a stable employment environment. Hiring and layoffs appear to have slowed, suggesting companies are content with current staffing levels. However, once the shutdown ends, there could be temporary distortions in the data. During the 2013 shutdown, some government workers were classified as unemployed despite being paid later for the furlough period. A similar classification could lead to a short-term spike in unemployment figures when new data is released. Investors should be cautious not to overreact; such increases are likely statistical artifacts rather than signs of true weakness.
Greg Powell, CIMA®
President and CEO
Wealth Consultant
Email Greg Powell here
Bobby Norman, CFP®, AIF®, CEPA®
Managing Director
Wealth Consultant
Email Bobby Norman here
Trey Booth, CFA®, AIF®
Chief Investment Officer
Wealth Consultant
Email Trey Booth here
Ty Miller, AIF®
Vice President
Wealth Consultant
Email Ty Miller here

Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Economic forecasts set forth in this presentation may not develop as predicted.
No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.
Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.
The post October Markets: Trick or Treat? first appeared on Fi Plan Partners.
5 min

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