November 9, 2023

Purus Perspective: November 2023

Happy Thanksgiving to all. It's hard to believe there are only about seven weeks left in 2023! We know that this year has brought hardships to some and blessings to others. Please remember that all of us at Purus have been and will continue to be there for you, whatever the need.

The Purus Investment Committee feels that the markets have been surprisingly resilient, even given the geopolitical climate and the fact that the Federal Reserve has raised rates at historic speeds. We have seen market volatility throughout the year, and the expectation is that this will continue. Until there is clarity around when the Fed will stop hiking rates and resolution surrounding the ongoing geopolitical issues, we at Purus will continue to be somewhat defensive.

With these matters in mind, the time may be nearing that fixed income becomes viable again. We waited on the sidelines for the past two years for the right time to move back into the fixed income market. With healthier yields than we have seen in the last decade and the yield curve beginning to normalize, the wait might be over.

As the end of the year approaches, we have included some material below to help you prepare to close out 2023 and welcome 2024.

Lastly, details regarding our CLEAR Insights webinar to be held next week can be found below. We will be covering all things Medicare. We hope you can join!

Fixed Income Musings

Goldman Sachs

The Estate Planning Essentials That Will

Help Ensure Your Family's Security

T. Rowe Price
"No matter the size of your estate, it’s important to have a plan in place to protect your family. Whether you’re single, married, or partnered, there are essential components of an estate plan that can help ensure your family’s financial security."

12 Tax-Smart Charitable Giving Tips for 2023

Charles Schwab
"Ongoing market volatility and economic uncertainty make it even more important for donors to embrace an efficient, tax-smart approach to charitable giving, in order to achieve maximum impact on the causes they support. Here are 12 ways to increase donor impact and potentially reduce taxable income in 2023 and beyond."

Get into the festive holiday spirit with the Annual Purus Holiday Cookbook! Thank you for being a part of this great company, and we hope you savor every moment of this culinary adventure. So, roll up your sleeves, fire up the oven, and put on your apron. Enjoy the delicious journey ahead!

Cybersecurity Quick Check

via Hannah Morreale, Operations Specialist & Digital Concierge

If you have any questions about this month’s topic, reach out to our cybersecurity team.