The Rixse Todd Group - Baird Private Wealth Management

12/18/2024

☕ What's brewing with coffee prices? The latest market trends are eye-opening.

Weather challenges in Vietnam and South America have created an interesting ripple effect in the coffee industry. While Brazil's farmers strategically manage their supply, local coffee shops are working hard to minimize the impact on your daily cup.

Here's what's interesting: While wholesale prices have nearly doubled from last year, many coffee shops are absorbing much of the increase. For example, that recent $1 surge per pound is only translating to about 30-50 cents more for consumers.

Despite these increases, our collective coffee habits remain strong, showing just how much we value our daily brew. 💫


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It's certainly not hard to miss that the price of coffee has been steadily going up, but why is it happening?

12/10/2024

Tom Tzitzouris discusses key items affecting the bond market heading into 2025: the debt ceiling showdown, a liquidity boom, and the impact that the deficit will have on long-term bond yields. Tom Tzitzouris is Head of Fixed Income Research at Strategas.

Tom Tzitzouris discusses key items affecting the bond market heading into 2025: the debt ceiling showdown, a liquidity boom, and the impact that the deficit ...

12/03/2024

How far can your charitable contributions go? Optimize their impact by using these five timely strategies: https://www.bairdwealth.com/insights/baird-digest/articles/2024/11/strategic-giving/

11/28/2024

Happy Thanksgiving to you and yours!

11/19/2024

✈️ Think it's too late for an affordable Thanksgiving getaway? The latest travel trends might surprise you! Here's what's catching our attention:

International escapes are looking especially attractive:
▪️ Tokyo flights from Charlotte: $776 (34% less than last year!)
▪️ Caribbean getaways starting at $330 from NYC
▪️ Costa Rica adventures from LA under $350

Even domestic travel has some hidden gems:
▪️ Denver to Boston under $200
▪️ Dallas to Hawaii starting at $358
▪️ NYC to Miami below $150

Pro tip: This holiday season is shaping up to be the busiest ever, with travel interest spiking 9% even before recent events. The window for Christmas booking sweet spots is open right now!


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What to know about last-minute airfare deals for Thanksgiving travel destinations abroad like Tokyo, the Cayman Islands or U.S. hotspots like Denver and Miami.

11/11/2024

11/07/2024

What are the next four years going to bring? History can provide some insights. Take gross domestic product (GDP), for example. It has fluctuated depending on who’s in the White House, but it has generally trended higher over the long term. The same can be said about inflation, as shown by the Personal Consumption Expenditure price index. That’s not to minimize the challenging inflation in recent years. But history can help put today’s higher prices in perspective.

Historical data should not be considered a forecast. Financial, political, and regulatory issues may have an impact on economic data expressed in the table

10/29/2024

Holiday Shopping Trends: Buy Now, Pay Later Set to Break Records 💳

Key points to consider this holiday season:
▪️ BNPL spending is projected to reach $18.5 billion, up 11.4% from last year.
▪️ This outpaces the expected 8.4% rise in overall holiday spending.
▪️ BNPL allows purchases to be paid in installments, often over 4 payments.

While BNPL offers flexibility, be aware of potential risks:
▪️ Some use credit cards for BNPL payments, potentially increasing debt
▪️ Credit card delinquency rates are at their highest since 2011
▪️ Consumer watchdogs warn about possible debt cycles

As you plan your holiday shopping:
▪️ Consider your budget and ability to meet future payments
▪️ Understand the terms of BNPL services
▪️ Explore alternative payment methods that suit your financial situation

Responsible spending is key to long-term financial health. 🎁


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Such services let shoppers expand their purchasing power by paying for merchandise in monthly installments.