Hello from 30,000 feet!

I’m writing this from somewhere over the Pacific, about six hours into a 12-and-a-half-hour flight from Chicago to Tokyo. This trip is particularly special as it’s my first time back since graduating high school there in June 1997, and now I’m returning to explore Tokyo with Lila and Amelia. We’re excited to soak up the culture, try some adventurous food, and make unforgettable memories. With a population of 37.5 million people in the Tokyo metropolitan area, the mass amount of people alone will be eye-opening. I’ll be sure to share stories upon our return on July 20th.

But enough about travel—let’s dive into the latest quarter:

The markets showed resilience again this quarter, navigating some choppy waters with cautious optimism. The S&P 500 delivered a respectable 2.3% gain, despite fluctuating economic signals. Bonds had a mixed quarter, with the Bloomberg US Aggregate Bond Index finishing slightly down by 1.4%.

On a personal note, summer has been busy in Greensboro. Lila got her license in May and is thoroughly enjoying her newfound freedom. Amelia is living her best life between pool time and spending time with friends.

Business Highlights:

• Retirement Planning Reminder: If you’re participating in your employer-sponsored retirement plan, ensure you’re maximizing contributions. Remember, if you’re over 50, you can contribute up to $30,500 in 2025. We’re here to help if you have questions.
• Tax Update: With the “Great Big Bill” recently passing, there are key tax planning opportunities (and pitfalls!) for wealthy families and business owners. We’re actively analyzing these changes and will be reaching out with strategies tailored to your financial situation.

Social Connection:

• Your Reviews Help: Your Google reviews mean the world to us and help others discover TMRW Wealth. If you haven’t yet, we’d deeply appreciate your feedback.
• Stay Updated: Join us on Instagram, LinkedIn, and Facebook @tmrwwealth.

Quarterly Outlook:

We’ve slightly adjusted our risk approach, maintaining caution as we navigate ongoing economic uncertainties:

• Artificial Intelligence Impact: AI continues to significantly reshape sectors across the economy, creating both disruption and opportunity. Businesses adapting quickly will likely fare best.
• Global Economy and Policy: Geopolitical tensions, inflation concerns, and the aftershocks of recent tariff discussions create a nuanced global outlook. We’ll closely monitor these developments.
• Interest Rate Trends: All eyes remain on the Federal Reserve’s policy decisions. We anticipate that the expected rate cuts, initially projected earlier, will occur over the coming months.

As always, we’re deeply grateful for the relationships we’ve built and the trust you place in us. Here’s to a wonderful summer, meaningful adventures, and continued prosperity for you and your family.