Generated by All in One SEO v4.9.6.2, this is an llms.txt file, used by LLMs to index the site.

# Kulwicki Insights

Providing Investment Insights to Wisconsin Investors

## Sitemaps

- [XML Sitemap](https://www.kulwickiinsights.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [All Insights](https://www.kulwickiinsights.com/?page_id=26025)
- [Eric Kulwicki at the New York Stock Exchange](https://www.kulwickiinsights.com/eric-kulwicki-at-the-new-york-stock-exchange/) - During a recent trip to New York City for an investment event, I got an insider’s look at the New York Stock Exchange and even landed a TV “appearance” on CNBC’s Closing Bell!
- [Investment Strategies Update – Q2 2026](https://www.kulwickiinsights.com/investment-strategies-update-q2-2026/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Market Update – Q2 2026](https://www.kulwickiinsights.com/market-update-q2-2026/) - Equities and Bonds Rally, Oil Declines in Q2 In the second quarter, global equity and credit markets rebounded from first-quarter weakness as the U.S.-Iran conflict transitioned into a series of intermittent ceasefires and ongoing attempts at de-escalation. President Trump's initial ceasefire announcement on April 7sparked a risk-on environment that persisted throughout the quarter. In Q2,
- [Investment Outlook & Positioning - June 8, 2026](https://www.kulwickiinsights.com/investment-outlook-positioning-june-8-2026/) - U.S. Equities: Remain slightly bullish on U.S. equities. I have increased concerns with overspeculation and momentum trading driving AI-related and unprofitable companies’ stocks. Prefer diversified exposure to higher-quality, growing companies with appropriate stock valuations and across market cap and equity sectors. International Equities: Remain slightly bullish on international developed and emerging market equities as valuations
- [Market Update – Q1 2026](https://www.kulwickiinsights.com/market-update-q1-2026/) - Iran Conflict Drives Asset Volatility in Q1 The initial outlook for the year reflected a sense of optimism as investors anticipated moderate U.S. economic growth alongside strong corporate earnings and global stability. This environment resulted in a continued rally in global equities, where cyclical sectors performed well and market participation began to broaden beyond artificial
- [Investment Strategies Update – Q1 2026](https://www.kulwickiinsights.com/investment-strategies-update-q1-2026/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Investment Outlook & Positioning - March 10, 2026](https://www.kulwickiinsights.com/outlook-positioning-march-10-2026/) - U.S. Equities: I remain slightly bullish on U.S. equities. I am maintaining a patient approach by focusing on high quality, growing companies rather than aggressively adding to risk at current valuations. Investors should closely monitor whether the Iranian conflict and high oil prices begin to erode strong earnings forecasts or if the major indices break
- [Investment Strategies Update – Q4 2025](https://www.kulwickiinsights.com/investment-strategies-update-q4-2025/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Market Update – Q4 2025](https://www.kulwickiinsights.com/market-update-q4-2025/) - Diversified Global Investors Were Rewarded in Q4 and 2025 Diversified global investors were rewarded in Q4 and throughout 2025. The year witnessed a significant shift where foreign equities outperformed domestic markets, precious metals outperformed equities, and the U.S. dollar weakened against foreign currencies. In the U.S., the S&P 500 Index rose 2.66% in Q4 and
- [Investment Outlook & Positioning - December 10, 2025](https://www.kulwickiinsights.com/outlook-positioning-december-10-2025/) - SUMMARY U.S. Equities: I remain slightly bullish on U.S. equities but prefer a neutral stance relative to long-term risk targets. While fiscal stimulus and Fed cuts support the market, large-cap valuations are at the higher end of historical ranges. This suggests future returns may be muted for broad large cap, market cap-weighted indices. I continue
- [Investment Outlook & Positioning - September 12, 2025](https://www.kulwickiinsights.com/outlook-positioning-september-12-2025/) - SUMMARY U.S. Equities: I remain cautiously bullish on U.S. equities, favoring high-quality, growing companies even as large cap valuations look stretched. Performance could broaden to mid and small caps if the economy remains firm without higher inflation, the Fed signals rate cuts, and key technical levels are broken to the upside. For valuation-sensitive investors like
- [Roth IRA Conversions](https://www.kulwickiinsights.com/roth-ira-conversions/) - To Convert or Not to Convert... That is the Question It’s that time of year again when investors with Traditional IRAs consider converting some (or all) of those IRA assets to a Roth IRA. One of the most common questions we get asked involves the strategy of converting a Traditional IRA to a Roth IRA. While
- [Investment Strategies Update – Q3 2025](https://www.kulwickiinsights.com/investment-strategies-update-q3-2025/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Market Update – Q3 2025](https://www.kulwickiinsights.com/market-update-q3-2025/) - Equity and Bond Markets Continue to Rally Higher in Q3 Investors enjoyed solid performance from global equity and bond markets in Q3 as the global economy and corporate earnings continued to show growth, emboldening investors to embrace risk. The S&P 500 Index returned 8.12% and the MSCI ACWI ex USA Index, which measures international developed
- [Wall Street Strategists Chasing Markets Again](https://www.kulwickiinsights.com/wall-street-strategists-chasing-markets-again/) - It never seems to fail. These Wall Street investment strategists just seem to always be chasing their tails. Markets Decline -> Wall Street adjusts forecasted price targets lower. Markets Rally -> Wall Street adjusts forecasted price targets higher. On April 17th of this year, after the markets experienced a quick, severe decline following President Trump's
- [Investment Strategies Update – Q2 2025](https://www.kulwickiinsights.com/investment-strategies-update-q2-2025/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Market Update – Q2 2025](https://www.kulwickiinsights.com/market-update-q2-2025/) - Equity Markets Rebound on U.S. Tariff Pause in Q2 Global equity markets were volatile in Q2, coinciding with President Trump’s tariff rates announcement and the subsequent pause in early April. Coming into Q2, equity markets were in decline as investors anticipated President Trump’s tariff “Liberation Day” announcement on April 2nd. When announced, the new tariff
- [Outlook & Positioning - June 9, 2025](https://www.kulwickiinsights.com/outlook-positioning-june-9-2025/) - SUMMARY U.S. Equities: Maintain a slightly bullish view on U.S. equities, with recent dips providing tactical buying opportunities. Valuations, particularly for large caps, are less attractive to me at current levels, leading to an overall neutral stance from a fundamental valuation perspective. Small and mid-cap stocks maintain a slight valuation advantage. Prefer long-term exposure to
- [Wall Street Strategists' Guesses Follow Markets Lower](https://www.kulwickiinsights.com/wall-street-strategists-guesses-follow-markets-lower/) - Here we go again. Wall Street strategists continue to chase the market, this time adjusting their year-end target forecasts for the S&P 500 Index lower after the market declined. Last year, they chased the market higher, increasing their forecasts after the market rallied. Below is a list of Wall Street firms and their 2025 year-end
- [Market Update – Q1 2025](https://www.kulwickiinsights.com/market-update-q1-2025/) - Global Equity Markets Mixed While Bonds Rally in Q1 Financial markets began the year relatively strong, and investors were bullish following the Republican sweep of the November elections. As President Trump and his administration took office, investors were looking for direction. In a short period of time, the Trump administration quickly announced tariffs, immigration directives,
- [Investment Strategies Update – Q1 2025](https://www.kulwickiinsights.com/investment-strategies-update-q1-2025/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Outlook & Positioning - March 17, 2025](https://www.kulwickiinsights.com/outlook-positioning-march-17-2025/) - Market volatility is back amid rising uncertainty. Explore key market trends, investment strategies, and insights to navigate the evolving financial landscape.
- [Political Uncertainty and Weaker Economic Data Impacting Financial Markets](https://www.kulwickiinsights.com/political-uncertainty-and-weaker-economic-data-impacting-financial-markets/) - Following the November U.S. elections, there was a general sense of investor bullishness based on what I considered a "default" belief that Republicans are good for the economy and risk assets. My concern was that even with a Republican sweep of the November elections, there was still a ton of uncertainty around inflation, tariffs, taxes,
- [Investment Strategies Update - Q4 2024](https://www.kulwickiinsights.com/investment-strategies-update-q4-2024/) - An update on investment strategy performance and positioning for Q4 2024.
- [Wall Street Strategists' Forecasts 2024/2025](https://www.kulwickiinsights.com/wall-street-strategists-forecasts-2024-2025/) - Wall Street predictions for the S&P 500 Index were off the mark in 2024. Why it might not be a great reason to follow these short-term forecasts.
- [Market Update – Q4 2024](https://www.kulwickiinsights.com/market-update-q4-2024/) - Investment market update for Q4 2024. An update on financial markets, the economy and the corporate environment.
- [Outlook & Positioning - December 11, 2024](https://www.kulwickiinsights.com/outlook-positioning-december-11-2024/) - Investment insights on US & foreign equities, bonds, & high-income strategies. Explore market trends, valuations, & portfolio positioning for 2025
- [Market Update - Q1 2024](https://www.kulwickiinsights.com/market-update-q1-2024/) - Solid Economic Data Helps Drive Risk Assets Higher in Q1 Equity and credit markets rallied in Q1 as strong economic data and solid corporate earnings provided investors with cover to continue to support risk assets. Last year economists and investors believed that higher interest rates could push the U.S. economy into a potential recession, but
- [Here Comes the Vol, Doo Doo Doo Doo](https://www.kulwickiinsights.com/here-comes-the-vol-doo-doo-doo-doo/) - Understanding market volatility: Economic data, technicals, & AI stock valuations. Learn how these factors impact your investments.
- [Outlook & Positioning – September 20, 2024](https://www.kulwickiinsights.com/outlook-positioning-september-20-2024/) - Investment insights on US & foreign equities, bonds, & high-income strategies. Explore market trends, valuations, & portfolio positioning for September 2024.
- [Investing: Swinging at the Fat Pitches Down the Middle](https://www.kulwickiinsights.com/investing-swinging-at-the-fat-pitches-down-the-middle/) - Hitting singles (long-term investments) and swinging for the fences (tactical trades). Learn how to combine strategies to take advantage of opportunities.
- [Market Update - Q3 2024](https://www.kulwickiinsights.com/market-update-q3-2024/) - Providing an update on financial markets and the economy for Q3 2024.
- [Gold Commercials Are Back, So Time to Revisit Gold](https://www.kulwickiinsights.com/gold-commercials-are-back-so-time-to-revisit-gold/) - Don't chase past performance in gold. Learn about historical trends, technical analysis, and making informed investment decisions.
- [Investment Strategies Update - Q3 2024](https://www.kulwickiinsights.com/investment-strategies-update-q3-2024/) - An update on investment strategy performance and positioning for Q3 2024.
- [Don't Let The Emotions of Politics Impact Your Investment Decisions](https://www.kulwickiinsights.com/dont-let-the-emotions-of-politics-impact-your-investment-decisions/) - Avoid emotional investing driven by politics. Focus on market fundamentals, economic factors, and data-driven decisions for better results.
- [After the Election: Setting the Goalposts](https://www.kulwickiinsights.com/after-the-election-setting-the-goalposts/) - Holding politicians accountable to election promises by monitoring key economic data over time. Providing insights on what to look out for.
- [Bitcoin: My Thoughts and Experience](https://www.kulwickiinsights.com/bitcoin-my-thoughts-and-experience/) - Investing in Bitcoin & Ethereum: A speculative approach. Learn about long-term strategy, trading tactics, and risk management in crypto.
- [Treasury I (Inflation) Bonds vs. The Fed](https://www.kulwickiinsights.com/treasury-i-inflation-bonds-vs-the-fed/) - Treasury Series I (inflation) savings bonds have been all the rage with inflation hitting highs not seen in decades. I'm not going to go into detail about I Bonds as you can find a lot of great up to date information on the Treasury Direct website: https://www.treasurydirect.gov/savings-bonds/i-bonds/ I Bonds Summary Minimum Investment: $25 then in
- [Short-Term Trader vs. Long-Term Investor](https://www.kulwickiinsights.com/short-term-trader-vs-long-term-investor/) - Yesterday I had lunch with an experienced, successful financial advisor. We touched on a number of topics, but started to share our ideas about the markets. This discussion was a great example of different Investor Types, which you can learn more about in our Lessons. The advisor I was speaking with tends to be a
- [Everyone Has an Opinion](https://www.kulwickiinsights.com/everyone-has-an-opinion/) - As I speak with various financial advisors, investment professionals, friends, family, etc. about the markets, I continue to reiterate that everyone has an opinion. I've used the phrase "nobody knows shit" (sorry for the vulgarity) multiple times in the last couple of months, so I thought I'd share my thoughts here, particularly in an environment
- [Huh? How Can the Bond Market Rally?!?](https://www.kulwickiinsights.com/huh-how-can-the-bond-market-rally/) - I recently had a discussion with an experienced financial advisor about the bond markets. He believed that bonds would sell off when the U.S. Federal Reserve raised the fed funds rate at the next meeting, which was widely anticipated. He thought that when the Fed raised the fed funds rate, yields across the yield curve
- [Huh? How Can the Equity Market Rally?!?](https://www.kulwickiinsights.com/huh-how-can-the-equity-market-rally/) - Shouldn't the equity markets sell off because we just have to be in a recession? Earnings have been bad, shouldn't the market crash? The Fed just raised the fed funds rate 75 basis points (0.75%), shouldn't that be bad for the equity markets? Aren't the media heads talking about how high inflation and a recession
- [That Backtested Performance Looks Awesome!](https://www.kulwickiinsights.com/that-backtested-performance-looks-awesome/) - I recently had a deep conversation with an experienced financial advisor about the backtested performance of a couple of model portfolios that were presented. He mentioned to me that the performance looked really attractive, including one model that showed backtested performance of no negative annual returns for several years. He was really excited about this
- [What's Your Thought on an Allocation to Stocks and Bonds?](https://www.kulwickiinsights.com/whats-your-thought-on-an-allocation-to-stocks-and-bonds/) - I recently met a new couple at a party this last weekend. In our group, the husband of the new couple asked what we all did for a living. When I stated that I was a investment portfolio manager at a wealth management firm, he came back to me in front of the group and
- [Huh? How Can the Equity Market Sell Off?!?](https://www.kulwickiinsights.com/huh-how-can-the-equity-market-sell-off/) - Just a quick part 2 to the previous post about how the market could rally, now significantly decline. Remember, markets don't always move based on long-term fundamentals. Sometimes it's just based on news events or market technicals. The 3% sell off in the U.S. equity markets may have been driven by both. The Federal Reserve
- [Managing Expectations is Key: Financial Advisors](https://www.kulwickiinsights.com/managing-expectations-is-key-financial-advisors/) - Setting correct expectations is key when investing and when working with a financial advisor. In a business of helping clients achieve their financial goals, there can be decisions by clients whether to continue working with a financial advisor or to find a different financial advisor to work with. In this recent insight, I want to
- [Gold Prices - Reasons Change](https://www.kulwickiinsights.com/gold-prices-reasons-change/) - I recently had a call with a representative from an investment strategy that focuses on investing in mining companies equities. This fund manages almost $2 billion in assets. I've covered precious metals and precious metals equity funds for a while. Investing in gold never made sense to me. Based on my experience, I've come to
- [Pay Attention to Month-to-Month Inflation](https://www.kulwickiinsights.com/pay-attention-to-month-to-month-inflation/) - Inflation is on the minds of everyone with headlines focused on the year-over-year number. CPI (Consumer Price Index) was 7.7% higher in October year-over-year, which sounds like a high number (it is), but investors may want to focus on the month-over-month number, which was 0.4%. If you annualize that number, you get 4.8%, a much
- [The Illiquidity of Private Funds](https://www.kulwickiinsights.com/the-illiquidity-of-private-funds/) - Private funds are generally a pooling of investors' assets into a fund that an investment manager takes to invest in different asset classes. These private funds often invest in illiquid investments, including real estate, non-publicly traded companies or special debt/bond agreements. Historically, these private funds were only available for higher net worth individuals that met
- [International Investment Exposure - Is It Worth It?](https://www.kulwickiinsights.com/international-investment-exposure-is-it-worth-it/) - I'm part of a group that tries to make financial advisors better by sharing insights with each other. The topic came up in regards to how other advisors view international equity exposure. Some advisors had a heavier international allocation, others had very little, and one advisor claimed that international investing was a "scam". PSA: Off
- [New Year = Higher Savings Contribution Limits](https://www.kulwickiinsights.com/new-year-higher-savings-contribution-limits/) - With a new year brings higher contribution limits and income adjustments across a number of advantaged investment accounts, including retirement plans (401ks, etc.), IRAs, HSAs and 529 plans. Make sure you check to see how you can take advantage of the new updates on these great saving and investing vehicles! Quick Links 401k and IRA
- [Wall Street Strategists' 2023 Outlook (Guess)](https://www.kulwickiinsights.com/wall-street-strategists-2023-outlook-guess/) - It's that time of the year and Wall Street strategists offer their 2023 outlook for the S&P 500 Index year end target. It's that time of the year when smart people, discuss with other smart people, look at a lot of data and come up with a guess. Yes, a guess. Let's keep this post
- [Activity for Activity Sake](https://www.kulwickiinsights.com/activity-for-activity-sake/) - You don't have to do it. You do not have to be tactical in your investment strategy. You do not need to try to outperform the market. You do not need to figure out which investment does better than another one. That is all a fallacy. The goal of investing should be to try to
- [Don't Believe the Hype](https://www.kulwickiinsights.com/dont-believe-the-hype/) - I recently saw an e-mail from a random firm that essentially stated that the markets were going to crash and to "click here" for the one investment that you need to protect from this big crash. Please do not fall for this garbage. Anyone can send and e-mail, be on TV, the radio, in a
- [Those Squiggly Lines (Technicals) Again](https://www.kulwickiinsights.com/those-squiggly-lines-technicals-again/) - Whenever I talk about technicals, particularly moving averages, I often use the term "squiggly lines". Moving averages are literally lines on a chart that are automatically drawn/calculated, taking the average price of an investment over a specific time period. At a high level, these moving averages are often discussed at 50-day, 100-day and 200-day intervals.
- [Hey, Look Over Here! (Recent Bank Failures)](https://www.kulwickiinsights.com/hey-look-over-here-recent-bank-failures/) - Two weeks ago, everything "seemed" fine. Markets were still focusing on higher inflation numbers in January, and were pricing in a Federal Reserve fed funds rate hike of up to 50 bps (0.50%) at the next Fed meeting. Now the narrative has quickly changed ("Look - A Squirrel!"). Fast forward to today, two regional banks
- [Ok, Now the Debt Ceiling](https://www.kulwickiinsights.com/ok-now-the-debt-ceiling/) - There is always something that investors are concerned about. Now it's the debt ceiling and the U.S. government's willingness to pay its bills. This show has happened before and we have not formally defaulted on any of our debt in the past and I doubt we will this time around. Anything is possible, but even
- [The Most Hated Rally?  Oh C'mon!](https://www.kulwickiinsights.com/the-most-hated-rally-oh-cmon/) - Over the last week, I keep seeing/hearing that this is the most hated stock market rally ever. Give me a break. The people that think this is the most hated rally are those that have continued to indicate the market will decline to last year's market lows, or that have missed a lot of the
- [The "R" Word](https://www.kulwickiinsights.com/the-r-word/) - What a perfect topic to start Kulwicki Insights! R-E-C-E-S-S-I-O-N A recession is a word used to indicate an economic slowdown. That's it. A definition often used for a recession is two consecutive quarters of negative real GDP growth. This technical definition of a recession is a backward looking definition. It looks back the last two
- [FOMO and Window Dressing](https://www.kulwickiinsights.com/fomo-and-window-dressing/) - Equity markets have rallied to end June, which is also the end of the second quarter, a time when client statements are calculated. Consider FOMO "fear of missing out" and "window dressing" as driving the markets higher into the end of the month/quarter. Fear Of Missing Out (FOMO) Remember, investors, whether less experienced or very
- [U.S. Economic Growth: Slow and Steady](https://www.kulwickiinsights.com/u-s-economic-growth-slow-and-steady/) - The U.S. economy is very dynamic, with various factors driving supply and demand (see our Economics 101 course). In my opinion, the U.S. economy is like a very large ship, making it tough to change directions, even if various factors can impact it. If the economy is on a positive trajectory, it's tough to reverse
- [Close to Prior Peaks and Resistance Levels](https://www.kulwickiinsights.com/close-to-prior-peaks-and-resistance-levels/) - We're pretty close to prior market peaks and resistance levels in the Dow, S&P 500 and NASDAQ indices. This may be an area where the U.S. large cap indices take a breather following huge rallies from the lows last year. From a technical perspective, we need sustained price movement above these peaks in order to
- [U.S. Debt Rating Downgrade:  It's All Relative](https://www.kulwickiinsights.com/u-s-debt-rating-downgrade-its-all-relative/) - Well, it didn't take long for the equity markets to find a reason to decline from higher levels. As indicated in my posts on August 1st and July 31st, U.S. equity markets were close to resistance and peak levels, and that investors just needed some sort of shock for the equity markets to sell off
- [Market Volatility: You're Not Surprised Are You?](https://www.kulwickiinsights.com/youre-not-surprised-are-you/) - Equity and bond markets sold off since August. You're not surprised are you? You anticipated this could happen, didn't you? Volatility in equity, bond, commodity, currency and other markets should be expected. This is especially the case in publicly-traded markets when millions of people and trillions of dollars can move in and out of the
- [Equity Trading Range Recap](https://www.kulwickiinsights.com/equity-trading-range-recap/) - On the August 1st post "Close to Prior Peaks and Resistance Levels", I indicated that equity markets could struggle to go higher after a strong up move from October of last year and getting close to previous highs. I stated that if markets sold off from there, the 50-week moving average could be an area
- [Bond Yield Trading Range Recap](https://www.kulwickiinsights.com/bond-yield-trading-range-recap/) - Looking back at my posts on October 9th and August 3rd, I thought that if the 10-year Treasury yield could break above that 4% level, it could quickly get to the 5% level, and that's what appeared to have happened. Remember as bond prices move higher, interest rate-sensitive bond prices decline. U.S. Treasury 10-Year Yield
- [Quick Look: Gold](https://www.kulwickiinsights.com/quick-look-gold/) - Just a reminder that I'm personally not a fan of investing in gold. I prefer investments that can generate cash flow directly and am less interested in hoping for price movement on assets. Gold doesn't generate cash flow directly, so I don't invest in it. It doesn't mean I don't pay attention to it or
- [Investment Patience is a Virtue](https://www.kulwickiinsights.com/patience-is-a-virtue/) - When investing, I know it can be tough to remain patient. Media headlines of doom or boom, with market swings of big drawdowns or huge rallies can make even the most experienced investors frazzled, let alone those without much day-to-day investment experience. My belief has been that at some point, inflation would come down from
- [Happy New Year!](https://www.kulwickiinsights.com/happy-new-year/) - We made it to another year! It's time to reflect on 2023 with all the ups and downs personally and in the financial markets. Hopefully we've all learned something and can take that forward to better ourselves and others. I love life and try to be a perpetual optimist, so here's to a great 2024
- [Wall Street Strategists' 2023 Forecast Review - Ouch!](https://www.kulwickiinsights.com/wall-street-strategists-2023-forecast-review-ouch/) - Wall Street strategists dedicate significant time and effort to forecasting financial markets with some sense of precision. In my post last January 15th, 2023 titled "Wall Street Strategists' 2023 Outlook (Guess)", I indicated that Wall Street strategist forecasts were just guesses and putting any real faith in them may be futile. Below are the forecasts
- [Wall Street Strategists' Guesses for 2024](https://www.kulwickiinsights.com/wall-street-strategists-forecasts-for-2024/) - Ok, let's try this again: Wall Street S&P 500 Index year-end forecasts for 2024. Remember last year, in my post dated Wall Street Strategists’ 2023 Outlook (Guess) on January 15, 2023, I listed various Wall Street firms' forecasts for the year-end 2023 value of the S&P 500 Index. I never like these forecasts, but it
- [Investment Strategies Update - Q2 2024](https://www.kulwickiinsights.com/investment-strategies-update-q2-2024/) - As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you'll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
- [Nervous at the bottom? Nervous at the top?](https://www.kulwickiinsights.com/nervous-at-the-bottom-nervous-at-the-top/) - Feeling a bit nervous? Maybe fears of a sell off? Maybe even a little FOMO (fear of missing out)? The three popular U.S. large cap equity indices (S&P 500, Nasdaq 100, Dow Jones Industrial Average) have all recently hit new all-time highs. When you throw in dividends from a total return perspective, the highs are
- [Outlook & Positioning - April 5, 2024](https://www.kulwickiinsights.com/outlook-positioning-april-5-2024/) - Equity markets continue to chug higher and bonds remain choppy, but there are some potential opportunities to consider for longer-term investors.
- [Investment Strategies Update - Q1 2024](https://www.kulwickiinsights.com/q1-2024-investment-strategy-update/) - Let's take a Q1 review of the strategies I manage for clients.
- [Quick Look:  Chinese Equities](https://www.kulwickiinsights.com/quick-look-chinese-equities/) - China is one of the largest economies in the world and its influence in the global economy is significant, so investors should consider paying attention. I manage a number of different strategies for clients, including strategies with exposure to international markets. Part of this exposure to international markets can be exposure to Chinese equities, so
- [Market Rallies -> Strategists Raise Forecasts](https://www.kulwickiinsights.com/market-rallies-strategists-raise-forecasts/) - Wall Street strategists often adjust their year-end forecasts for the S&P 500 Index based on current market performance. When the market rises, strategists tend to raise their targets; when it falls, they lower them. This pattern is influenced by a desire to appear accurate and avoid job risk or client loss. As an investor, choosing the right strategist or focusing on long-term investment strategies is crucial. This year, with the S&P 500 Index hitting 5308, many firms have quickly increased their forecasts, reflecting this ongoing trend.
- [Outlook & Positioning - June 13, 2024](https://www.kulwickiinsights.com/outlook-positioning-june-13-2024/) - SUMMARY Just choppin’ around, except for AI. Equity and bond markets continue to chop around, with continued strength in artificial intelligence-related technology/semiconductor stocks. Even stocks in the utilities sector rallied strongly for a bit under the narrative that artificial intelligence support will require significant energy needs. Energy stocks also rallied strongly until OPEC+ announced no
- [Market Update - Q2 2024](https://www.kulwickiinsights.com/market-update-q2-2024/) - Mixed Equity Performance, Solid Bond Income Support in Q2 Equity markets were mixed in Q2 as high-quality, large U.S. companies tied to technology and artificial intelligence continued to drive market performance. Other cyclical areas of the market were a bit more challenged. Bond investors continued to be rewarded with higher yields and income generation. Interest

## Pages

- [Home](https://www.kulwickiinsights.com/) - Kulwicki Insights Cut Through the Noise Linkedin Facebook Youtube Instagram X-twitter Investment Insights From Eric Kulwicki CFA®, CFP® Investing doesn’t need to be overly complex. Cut through the noise with insights from experienced investment consultant, portfolio manager and wealth advisor Eric Kulwicki, CFA®, CFP®. INVESTMENT INSIGHTS & OPINIONS Learn More Wealth Management Services As a
- [Investment Education - Online Courses](https://www.kulwickiinsights.com/education/) - Learn to invest with added confidence with Eric Kulwicki CFA®, CFP®. Access online courses and strategy sessions designed to help you manage your wealth.
- [About Me](https://www.kulwickiinsights.com/about-me/) - Eric Kulwicki, CFA®, CFP® About Me Eric Kulwicki CFA®, CFP®Investment ConsultantPortfolio ManagerWealth Advisor Contact Me Throughout my career in the financial industry, I’ve gained a significant amount of experience in investment research, portfolio management and working closely with financial advisors as an investment consultant.I never needed to be the face of anything. I don’t have
- [Institutional Investment Consulting](https://www.kulwickiinsights.com/institutional-investment-consulting/) - Institutional Investment Consulting Your Partner in Portfolio Management I bring institutional-level investment process and discipline to a wealth management team, helping to create structure without bureaucracy.Driven by my passion for investing and investment education, my career has focused on three areas: investment consulting, portfolio management and retail wealth management. My independence and experience have allowed
- [Contact Me](https://www.kulwickiinsights.com/contact-me/) - Contact Me To contact Eric for investment and wealth management services, please contact Eric through Intrua Financial. Eric’s Investment and Wealth Management Services Available For more information on my investment and wealth management services and to work with me and my team directly, please contact me through Intrua Financial. Institutional Investment Consulting Portfolio Management Wealth Management
- [Flat-Fee Investment Advice](https://www.kulwickiinsights.com/flat-fee-investment-advice/) - Flat-Fee Investment Advice Eric Kulwicki CFA®, CFP®Investment ConsultantPortfolio ManagerWealth AdvisorIntrua Financial(262) 798-7979ekulwicki@intrua.com Actionable Advice Through Flat-Fee Investment Consulting Drawing on over twenty years of financial industry experience and my perspective as a professional investor at Intrua Financial, I have witnessed the wide spectrum of service and fee models available to the public.I believe every investor,
- [Wealth Advisor Serving New Berlin, WI](https://www.kulwickiinsights.com/new-berlin-wealth-advisor/) - Eric Kulwicki, CFA®, CFP® Wealth Advisor Serving New Berlin, WI Eric Kulwicki CFA®, CFP®Investment Consultant Portfolio Manager Wealth Advisor(262) 798-7979ekulwicki@intrua.com Intrua Financial675 North Barker RoadSuite 220Brookfield, WI 53045horizent.intrua.com Your Wealth Partner Hello there! My name is Eric Kulwicki and my Horizent Team at Intrua Financial works with wealth management clients in the Brookfield and New
- [Investment Insights and Opinions](https://www.kulwickiinsights.com/insights/) - INVESTMENT INSIGHTS & OPINIONS Compounding Knowledge Linkedin Facebook Instagram X-twitter Eric provides his insights and opinions on the markets, investment strategies and other financial topics. The insights and opinions are of Eric Kulwicki and do not represent the views of any other person. Eric’s opinions may change at any time and posts listed may contain
- [Wealth Management](https://www.kulwickiinsights.com/wealth-management/) - Wealth Management The Horizent Team at Intrua Financial Your Partner in Wealth Management As a member of the Horizent team at Intrua Financial, my team and I combine deep investment expertise with comprehensive financial planning support to serve our clients. Through personalized advice and thoughtful strategies, we help individuals, families, and businesses build, protect, and
- [Client FAQs](https://www.kulwickiinsights.com/client-faqs/) - Client FAQs As an investment consultant and wealth advisor, I provide services to both institutional and retail clients. I often get asked questions about how I work with clients and I want to share my answers to these questions here.Here are some frequently asked questions to help you understand my role as an investment consultant/wealth
- [Login](https://www.kulwickiinsights.com/login/) - Kulwicki InsightsLog In
- [Who is Kulwicki Insights For?](https://www.kulwickiinsights.com/who-is-this-site-for/) - Eric Kulwicki shares his goals for Kulwicki Insights and the different investor types he would like to try to help make more informed investment decisions.
- [Privacy Policy](https://www.kulwickiinsights.com/privacy-policy/) - Privacy Policy Last Updated: This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You about Your privacy rights and how the law protects You. We use Your Personal data to provide and improve the Service. By using the Service, You
- [Terms and Conditions](https://www.kulwickiinsights.com/terms-and-conditions/) - Terms and Conditions Last Updated: Definitions For the purposes of these Terms and Conditions: Affiliate means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other

## My Templates

- [Default Kit](https://www.kulwickiinsights.com/?elementor_library=default-kit-2)
- [Default Kit](https://www.kulwickiinsights.com/?elementor_library=default-kit)

## Categories

- [Uncategorized](https://www.kulwickiinsights.com/category/uncategorized/)
- [Insights](https://www.kulwickiinsights.com/category/insights/)
- [Economy](https://www.kulwickiinsights.com/category/economy/)
- [Financial Advisors](https://www.kulwickiinsights.com/category/financial-advisors/)
- [Asset Classes](https://www.kulwickiinsights.com/category/asset-classes/)
- [Portfolio Management](https://www.kulwickiinsights.com/category/portfolio-management/)
- [Outlook and Positioning](https://www.kulwickiinsights.com/category/outlook-and-positioning/)
- [Market Update](https://www.kulwickiinsights.com/category/market-update/)
- [Investment Strategies](https://www.kulwickiinsights.com/category/investment-strategies/)