Fenton Shellman Wealth Management Team - Stifel

06/23/2026

Federal Reserve Chairman Kevin Warsh has initiated comprehensive changes that reflect a significant shift in policy-making at the Fed. His strategy includes establishing five task forces aimed at re-evaluating key aspects of monetary policy. The focus areas encompass communication practices, inflation assessment, and technology's impact on the economy.

This approach highlights an effort to build consensus and transparency, fostering trust in the Fed's mission. As these task forces begin their work, it becomes important to monitor how their findings may reshape monetary policy. Understanding these developments could provide valuable insights into future economic conditions and the central bank's actions.

CNBC

06/23/2026

After nearly four months of fighting, the U.S. and Iran agreed to a framework. Markets reacted: oil fell, equities hit record highs, and Treasury yields and inflation expectations eased. In this week's , our CIO Office breaks down the impact across markets and what it means for the Fed going forward.

Read more here: https://livesocial.seismic.com/aZUhSt

06/22/2026

Another shot of optimism for the markets, as the latest reports have Iran citing "major progress" in ongoing talks with the United States. While still fragile, for now, the two sides appear relatively committed to reaching a lasting agreement. Recall, the two sides signed a Memorandum of Understanding to end the conflict.

amazonaws.com

06/18/2026

Here in Northern MI, agriculture is a significant part of our local economy which is why this recent report jumped out at me. Would be interested your thoughts and feedback.

Agriculture accounted for nearly 7% of the U.S. economy just 25 years ago but is currently only around 4.5%. While globalization of the food industry has afforded consumers access to a myriad of markets and different products often at lower prices, the shifting composition of players has left the industry increasingly vulnerable to global supply and price shocks. Today, the traditional model of locally grown produce has shifted, where family-run farms play a minority role to international suppliers and big business distributors.

Read the full piece here: https://livesocial.seismic.com/aQitHa

06/17/2026

Congress passed a reconciliation bill to fund immigration enforcement agencies, setting the stage for potential movement on economic policy bills such as housing and crypto legislation. Brian Gardner outlines what's next and the hurdles facing these proposals, along with a possible markup of artificial intelligence legislation, the SEC's next steps on equity market structure, and the implications of a recent update on the Social Security trust fund.

Read about this and more in Potomac Perspective: https://livesocial.seismic.com/aw7ahq

06/16/2026

The case for "higher for longer" interest rates is strengthening. Firming inflation, a resilient job market, and mounting government debt are putting upward pressure on rates and complicating the Fed's path forward. In this , our CIO Office breaks down the data driving this shift - and the potential implications for growth and equity market volatility.

Read more here: https://livesocial.seismic.com/ajikTy

06/11/2026

Inflation has eased from its post-pandemic highs, but it remains stubbornly above the Fed's 2% target. In this week's , our CIO Office examines why inflation is harder to read, complicating the Fed's policy path, and keeping investors focused on the risk of higher-for-longer rates.

Read more here: https://livesocial.seismic.com/aV-Qgd

06/08/2026

U.S. stocks fell as strong jobs data pushed interest rate expectations higher.

Read more in Friday's Market Pulse: https://livesocial.seismic.com/a9JqWA

06/08/2026

Schools out of summer....well almost! Some good tips here for those figuring out the new summer schedule with kiddos! And no is a complete sentence! (Except if it to a beach day! HaHaHa)

Today.com

06/05/2026

Resilient earnings, easing Middle East tensions, and renewed artificial intelligence enthusiasm extended the U.S. equity rally to nine straight weeks, even with sticky inflation and an increasingly divided Federal Reserve.

Read more here: https://livesocial.seismic.com/an9RDJ