Welcome to the latest edition of Leumi’s Weekly Reading List. I hope that you and your loved ones are healthy and out of harm’s way.

While today’s interest rate environment is quite beneficial to those looking to refinance their mortgages, it is equally detrimental to those looking for income. Therefore, we begin this week’s entry with a subject that has been on the minds of many of our clients: How do I find yield in today’s rate environment? In a recent interview with Zev Brenner, Leumi’s Head of U.S. Private Banking, Michael Zaremsky, discusses the various risks to be aware of when weighing different options.

As always, I found the articles below to be interesting, helpful, or entertaining.

Warren Buffett Said This Metric Signaled the 2001 Crash — Now It’s Sounding the Alarm on Global Markets – MarketWatch discusses the “Buffett Indicator” and why it may be a bearish signal for the global markets.

Goldman Sees Room for S&P to Surpass 3,600 – Bloomberg discusses Goldman Sachs’ case for why the S&P 500 may have more room to grow from today’s levels.

Visualizing the History of Pandemics – Visual Capitalist provides a history of pandemics from the Antonine Plague to COVID-19.

3 Tax Planning Strategies to Consider Now – With the presidential election less than 90 days away, ThinkAdvisor details three tax planning strategies to consider in the anticipation of change.

Hollywood’s 25 Favorite Villains – A recent team meeting/Friday happy hour (virtual, of course) had us discussing the best villains in movie history. This list from The Hollywood Reporter is generally in alignment with our assessment, although I would argue that “The Shark” (aka “Bruce”) from Jaws should be much higher.

I hope you enjoy!

Best regards,
Brian M. Stigliano, CFP® | Vice President  Financial Planning & Insurance Manager 
350 Madison Ave | New York, NY 10017 | Tel: 212.407.4344

Bank Leumi USA (BLUSA) is a subsidiary of Bank Leumi le-Israel, B.M., an Israeli bank founded in 1902. In the U.S., banking products and services are provided through BLUSA, and brokerage products and services are provided by Leumi Investment Services Inc (LISI). LISI is a member of FINRA (www.finra.org) and SIPC (www.sipc.org), and is a wholly-owned subsidiary of BLUSA. Non-deposit investment products offered through Bank Leumi USA and LISI are:
  • Not insured by the FDIC or any other federal or government entity
  • Not guaranteed by BLUSA, Bank Leumi le-Israel, B.M., or any other bank
  • Subject to investment risks, including possible loss of the principal amount invested
The Weekly Reading List contains links to articles published by third-party sources. Neither BLUSA nor LISI make any guarantee, representation, or warranty as to the accuracy or completeness of statements or information by any third-parties. The Weekly Reading List should not be construed as legal, tax, accounting, securities, or investment advice, an offer to enter into a transaction, an investment allocation strategy, or the solicitation of an offer to enter into a transaction by any Leumi Group Unit. Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.

Any forecasts or estimates should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. There is no guarantee that results will be achieved. Past performance is not an indicator of future results. There can be no assurance that estimated returns or projections will be realized or that actual returns or performance results will not materially differ from those estimated.

The articles which are provided for reference in the Weekly Reading List do not necessarily represent the views of the author, Bank Leumi USA (“BLUSA”), Leumi Investment Services Inc. (“LISI”), or other units of the Leumi Group (each, a “Leumi Group Unit” and collectively, “Leumi Group Units”).

Related posts

Reading List

Greetings, Welcome to the latest edition of Leumi’s Reading List.  I hope that you and your loved ones are healthy and out of harm’s way.    From this morning’s New York Post:  “Amid a pandemic, economic woes and a raging campaign season, as well as nationwide and too-often-violent protests, New Yorkers, and all Americans, should still take the time Friday

Read More »

Weekly Reading List

Greetings,  After a few weeks off, welcome to the latest edition of Leumi’s Weekly Reading List.  I hope that you and your loved ones are healthy and out of harm’s way.    On the June 26th writing of this piece, the first article I linked to discussed the accelerating number of COVID-19 cases in many parts of the U.S.  Despite

Read More »

Weekly Reading List

Welcome to the latest edition of Leumi’s Weekly Reading List.  I hope that you and your loved ones are healthy and out of harm’s way.    “They say I’m old-fashioned, and live in the past, but sometimes I think progress progresses too fast!” ~ Dr. Seuss.  Perhaps it’s the amount of time I have been spending with my five year old

Read More »