About Blom & Howell Financial Planning, Inc
At Blom & Howell, we believe a successful financial life does not happen by chance, it happens by choice. For those reasons, we've developed and refined a process that helps our clients put the financial puzzle pieces together over the course of their lives. As advisors, we know people crave a relationship with a financial professional they can trust who will be in their corner when times are rough.
We take great joy in being our client's financial guide and advocate on that journey toward a lasting and secure retirement. In this way, we become more than planners, but partners in helping our clients navigate the financial challenges of life.
Featured Posts
Reciprocal Tariffs and the Market Reaction
On April 2, President Trump announced new tariffs on nearly all major trading partners. These tariffs are “reciprocal” in that they correspond to tariffs each country imposes on U.S. goods and are on top of previously announced duties. The average tariff rate across countries is 25%, with rates for some as high as 49%.
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Navigating Tariff Uncertainty and Ongoing Market Volatility
With the stock market back near correction territory due to tariff concerns, some investors may feel as if the market is stuck in a “Groundhog Day” loop. Fears of a trade war have kept markets choppy all year, with the technology sector leading the downturn.
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What the Fed's Rate Pause Means for Long-Term Investors
Federal Reserve policy has been a key driver of markets over the past few years. It’s not surprising to investors that changes in policy direction have resulted in market swings, most notably in 2022 when the Fed began to hike rates, and again last year when investors anticipated Fed rate cuts.
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Perspectives on Consumer Pessimism and Economic Risk
Concerns over the economy have intensified, leading to a challenging investment environment. The S&P 500 briefly fell into correction territory recently (a decline of 10% or more), while the Nasdaq and major technology stocks have led the downturn.
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