Goelzer Investment Management

06/03/2026

April’s PCE price index, released last week, showed headline inflation at 3.8% year-over-year, up from 3.5% in March and nearly double the Federal Reserve’s target. While an energy-driven increase in headline PCE was expected, the simultaneous rise in Core PCE—which excludes food and energy—to 3.3% year-over-year is notable.

For more, please read Goelzer’s Weekly Market Update by Chief Investment Officer Gavin Stephens.

[...]Read More... from June 3, 2026: Inflation Continues to Rise

05/29/2026

Few events define Indianapolis more than its legendary 500-mile race—and throughout May, it’s been our privilege to support that race’s 110th running.

As a 500 Festival Board Member, our CEO Greg Goelzer has dedicated his time to events ranging from the 500 Festival Parade to Breakfast at the Brickyard to the 500 Festival Princess Program. On the first day of qualifying, we welcomed racing legend Al Unser Jr. to a memorable gathering in our Gasoline Alley Suite. And all month long, members of our team have headed to the track to cheer on their favorite drivers—celebrating a tradition that’s become synonymous with our community.

05/28/2026

At its core, succession planning is about preparing and empowering the next leader or leaders to be successful, and that is about so much more than merely deciding who comes next.

In our latest Insights piece, our President Chris W. Cotterill explains why leadership development and empathy are essential to successful succession planning.

[...]Read More... from Leadership Development & Empathy in Succession Planning

05/27/2026

The SpaceX IPO filing sets up what could be the largest market debut in history, aiming to raise up to $75 billion at a valuation potentially nearing $2 trillion. The company has transformed from a space launch provider into a broad platform spanning rockets, Starlink satellite internet, artificial intelligence via xAI and Grok, and social media ownership of X, making the offering as much a bet on AI and digital infrastructure as on space.

For more, please read Goelzer’s Weekly Market Update by Investment Strategist Sara Omohundro.

[...]Read More... from May 27, 2026: One Giant Leap – Or Giant Valuation?

05/20/2026

"Every stock seems to be a biotech stock”—as one colleague recently put it—reflecting the outsized price moves following earnings announcements. The point wasn’t that every company suddenly belonged to biotech, but that many stocks were exhibiting biotech-like volatility, particularly in the immediate aftermath of earnings. What could be driving this behavior?

For more, please read Goelzer’s Weekly Market Update by CIO Gavin Stephens.

[...]Read More... from May 20, 2026: Bigger Moves, Fewer Anchors

05/14/2026

We are excited to announce that Hannah Radde, CPA, has joined as our newest Accountant on our Enterprise Services team.

Prior to joining Goelzer, Hannah worked at a national accounting and consulting firm as an Audit & Assurance Senior Associate, where she performed financial statement audits for a variety of organizations.

For more information about Hannah, please read her bio: https://goelzerinc.com/team/hannah-radde/.

05/12/2026

We are excited to announce that Hannah Trotter has joined as our newest Client Services Associate! In this role, Hannah will support our private wealth advisors.

Prior to joining Goelzer, Hannah worked in wealth management at a local bank in Indiana. For more information about Hannah, please read her bio: https://goelzerinc.com/team/hannah-trotter/.

05/11/2026

We are excited to announce that Michaela H. Crowdus has joined as our newest Client Relationship Specialist on our Institutional Advisory Services team.

Michaela brings nearly a decade of experience spanning client operations, onboarding, recruiting support, and customer service.

For more information about Michaela, please read her bio: https://goelzerinc.com/team/michaela-crowdus/.

05/11/2026

We are excited to announce that Philip Kojich has joined as our newest Senior Institutional Consultant! Philip brings more than 15 years of investment industry experience spanning institutional consulting, retirement plans, and wealth management.

Philip earned both a Bachelor of Science in Finance and a Master of Science in Accounting from the University of Illinois Urbana-Champaign. He is a Chartered Financial Analyst (CFA) charterholder and holds the Certified Investment Management Analyst (CIMA) designation. Philip also holds FINRA Series 7, 63, and 65 licenses.

For more information about Philip, please read his bio: https://goelzerinc.com/team/philip-kojich/.

05/06/2026

As of April 30th, the S&P 500 Index’s forward price/earnings ratio was at roughly 19x—below last October’s peak yet still above its longer-term norms. This valuation is modestly above the ten-year average of about 18x, suggesting investors continue to pay a slight premium for forward earnings stability.

For more, please read Goelzer’s Weekly Market Update by Senior Portfolio Analyst Greg Thompson.

[...]Read More... from May 6, 2026: Valuations Signal a Market at a Crossroads