The Independent Advisors

Episode 370 of The Independent Advisors Podcast: The Bullish Case for Bad News. Mark covers a historic rush into money market funds and cash-like ETFs, at levels historically associated with major market bottoms.

He also looks at what history actually says about stocks after the Fed's first rate hike, a wave of bearish sentiment on AI that could be a contrarian signal, and where the market expects interest rates a year from now. The episode closes with a financial planning topic on how much cash to keep in an HSA.

This podcast is for informational purposes only and does not constitute tax, legal, or financial advice. Advisory services are offered through Jessup Wealth Management, an SEC Registered Investment Advisor.

If you've been enjoying The Independent Advisors Podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Matt covers a big week for the Fed, breaking down the first interest rate hike in three years and what it could mean for markets.

He also looks at a fresh reading on M2 money supply growth, a rare and historically negative correlation between stocks and bond yields, and a historical dataset that runs against the common narrative, showing stocks have actually performed better after Fed rate hikes than after Fed rate cuts. The episode closes with a look at household net worth growth by income tier since 2019.

This podcast is for informational purposes only and does not constitute tax, legal, or financial advice. Advisory services are offered through Jessup Wealth Management, an SEC Registered Investment Advisor.

If you've been enjoying The Independent Advisors Podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Episode 368 of The Independent Advisors Podcast: Legacy Giving with The Dayton Foundation. This special episode steps outside the usual market conversation for a conversation with Mike Parks, President and CEO of The Dayton Foundation, and Michelle Lovely, Senior Vice President of Development and Donor Services at The Dayton Foundation.

The conversation covers the Great Wealth Transfer and what it could mean for the region, the real difference between legacy giving and planned giving, practical first steps for setting up a legacy gift, and true stories of the impact legacy gifts have made locally.

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This podcast is for informational purposes only and does not constitute tax, legal, or financial advice. Advisory services are offered through Jessup Wealth Management, an SEC Registered Investment Advisor.

If you've been enjoying The Independent Advisors Podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Episode 367 of The Independent Advisors Podcast: Is the Market Really Expensive? Matt covers oil prices crossing $100 a barrel amid Middle East tensions, a stronger than expected jobs report, and rising Treasury yields.

He then breaks down market valuations in detail, arguing the market isn't as expensive as headlines suggest once you factor in interest rates and earnings growth, and highlights the S&P 500's PEG ratio sitting near a 30-year low.

The episode closes with a first-of-its-kind data point: the Magnificent Seven are now negatively correlated with market momentum stocks.

This podcast is for informational purposes only and does not constitute tax, legal, or financial advice. Advisory services are offered through Jessup Wealth Management, an SEC Registered Investment Advisor.

If you've been enjoying The Independent Advisors Podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Episode 366 of The Independent Advisors Podcast: September Seasonality and the Presidential Cycle. Mark and Matt cover August's market performance and what history says tends to happen next, along with an update on the four-year presidential cycle and the historically stronger stretch that tends to follow in the fall.

Also covered: why industrials, not tech, is currently the most expensive sector in the S&P 500 by valuation, a record share of consumer spending now going toward hobbies, and what missing the market's best days can cost a long-term investor.

The episode closes with a financial planning topic on naming a trusted contact on your investment accounts as a safeguard against fraud.

This podcast is for informational purposes only and does not constitute tax, legal, or financial advice.

If you've been enjoying The Independent Advisors Podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Advisory services are offered through Jessup Wealth Management, an SEC Registered Investment Advisor 

Episode 365 of the Independent Advisors Podcast. Aaron Cramer and Nick Whitaker cover a lot of ground this week, including the bond market, Treasury yields, and the Treasury Department's decision to double its bond buyback program after 30-year yields hit their highest level since 2007.

Also covered: why more companies raising guidance than lowering it is a bullish signal, how 2026 compares to past midterm election years, and whether the "US debt crisis" headlines are overblown.

Plus, a look back at the history of the 401(k), including how stock ownership among Americans has grown from less than 20% in 1983 to over 60% today, and proposed IRS and Treasury guidance that could modernize retirement account rollovers.

If you've been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Blog Post from Charlie Vilello on August 18th - https://bilello.blog/2026/the-week-in-charts-8-18-26

Post on X from Ben Carlson on August 19th - https://x.com/awealthofcs/status/2090190352745447726?s=12&t=Godkt5FzuqWcmpmvo2G5Jg

Post on X from Astra Insights on August 13th - https://x.com/AstraInsights/status/2087985036348059822?s=20

Saving for Retirement

The Thrift Savings Plan

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Episode #364 Topics

• Founding and Early Growth Challenges — 02:40, 05:29, 07:40, 19:53

• Firm Culture and Leadership Philosophy — 11:26, 37:39, 39:15, 14:21

• Family Dynamics and Entrepreneurial Parenting — 17:04, 18:29, 33:15

• Community Engagement and Nonprofit Leadership — 22:37, 25:14, 21:16, 26:33

• Financial Management and Role Delegation — 29:09, 30:32

• Entrepreneurial Advice and Reflections — 33:15, 34:44, 37:39, 39:47

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105 https://www.jessupwealthmanagement.com/

Social Media: Facebook: @JessupWealthManagement LinkedIn: @JessupWealthManagement Twitter: @jessupwealth Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Episode #363 Topics

·       Market Performance and Sentiment — 03:14, 05:18, 11:07

·       Bull Market Dynamics and Insider Activity — 07:36, 13:28

·       Housing Market and Interest Rate Outlook — 14:55, 15:17, 18:53

·       Corporate Fundamentals and Valuation Trends — 20:32, 23:36, 27:05

·       Income Trends and Socioeconomic Shifts — 30:26

·       Retirement Planning and Risk Management — 32:04

Show Notes:

Post on X from Ryan Detrick on August 4th - https://x.com/RyanDetrick/status/2084662139361395176?s=20

Post on X from Jay Kaeppel on July 21st - https://x.com/jaykaeppel/status/2079624731943162251?s=20

Post on X from Charlie Bilello on August 11th - https://x.com/charliebilello/status/2087177215398084782?s=20

Article on Morningstar written by Amy Arnott, CFA on June 30th - https://www.morningstar.com/retirement/retirees-dont-need-fear-lost-decade-they-need-plan

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105 https://www.jessupwealthmanagement.com/

Social Media: Facebook: @JessupWealthManagement LinkedIn: @JessupWealthManagement Twitter: @jessupwealth Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Episode #362 Topics

·       Market performance & macro updates — 01:40

·       Financial planning & client engagement — 02:10

·       Leverage risks & hedge fund blowup — 03:16

·       Market outlook & risk perspective — 09:34

·       IPO market volatility & SpaceX update — 11:03

·       Credit spreads as sentiment gauge — 15:39

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105 https://www.jessupwealthmanagement.com/

Social Media: Facebook: @JessupWealthManagement LinkedIn: @JessupWealthManagement Twitter: @jessupwealth Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

#361 topics:

• Market performance & rates (01:49)
• Fed pause & rate outlook (03:37)
• Yields & housing pressure (18:44)
• Retail panic selling (22:53)
• High beta tech losses (24:26)
• Microsoft earnings jump (12:35)
• Down payment savings crisis (28:55)
• Minimum wage down payment gap (30:25)
• Ohio housing cost trends (32:03)
• Insider trading bill (16:28)
• Politician trade transparency (18:24)

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105 https://www.jessupwealthmanagement.com/

Social Media: Facebook: @JessupWealthManagement LinkedIn: @JessupWealthManagement Twitter: @jessupwealth Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page