Introducing the Stump Ballast Challenge

Cameron Hamilton

Weekly Update

Our firm was founded with a simple vision: build a team we would want to take care of our own families. This principle informs every decision we make, both in our daily conversations as we guide clients, as well as in our long-term strategic planning as a firm. Over the years, we have continually sought … Continued

A Great Time for Some Financial Housekeeping

John Boardman

Weekly Update

Like many of you, my family has been creative with our newly found and not-so-scheduled weekend time since the beginning of the pandemic. Whether it was cleaning out a closet or the garage or even power washing the driveway, we have kept ourselves busy and our house is now in better shape for it. It … Continued

Two Pairs of Modern Data for Reopening

Cameron Hamilton

Weekly Update

This Thursday is the 205th anniversary of Napoleon’s defeat at the Battle of Waterloo.  I am by no means an expert in the history of European wars and geopolitics, but I have heard reference several times to a legend¹ that originated that summer.  At a time when news traveled by boat and horse, and markets … Continued

The Ballast Life Episode #10 – Checking in with John and Andy, May 28, 2020

Ballast Advocates

Podcast

Late last week John and Andy sat down via Zoom to discuss several topics regarding the markets as well as the firm.  Topics include their thoughts on recent market behavior, expectations for the economy for the remainder of the year, risks people may not be considering, economic positives of the crisis, and how our business … Continued

Key Takeaways from Fed Chair Powell’s 60 Minutes Interview

Brian Burton

Weekly Update

In a speech last Wednesday, Federal Reserve Chair Jerome Powell, spooked markets when he warned that the economic recovery will be “prolonged and bumpy”.  Although Powell’s forecast for a prolonged recovery should have come as no surprise, the S&P closed down 2.26% for the week, its worst week since March 20 when the index lost … Continued

Friday’s Job Report exposes “The Good, the Bad, and the Ugly”

John Boardman

Weekly Update

Over this past weekend, I was “debating” with my 10-year-old son, Henry, about his desire to watch the above-referenced 1966 Clint Eastwood western classic.  Long story short, he saw his Grandfather watching it and is convinced it is time for him to partake.  (On a side note and after a quick search, the “scariness, violence, … Continued

The Ballast Life Episode #8: Ballast Advocate Roundtable, May 5, 2020

Ballast Advocates

Podcast

On Tuesday, May 5th, 2020, our Advocates sat down (via Zoom) for a discussion of current economic and market conditions, as well as the potential range of outcomes over the coming months.   Listen to our thoughts on how this period compares to the Financial Crisis, how certain industries might be permanently impacted, and how the … Continued

The Ballast Life Episode #7: Conversation with Dr. Philip Overall

Brian Burton

Podcast

Brian Burton, Partner and Director of Portfolio Strategy at Ballast, recently sat down with Dr. Philip Overall, Medical Director of Emergency Services at St. Claire Regional Medical Center to discuss what he and his colleagues are facing with the pandemic and what they are doing to help keep themselves and the community safe.  Click below … Continued

How is the Price of Oil Negative?

Cameron Hamilton

Weekly Update

Last week we saw unprecedented activity in oil futures contracts that became the story of the day in the financial media: Oil Trades Negative!  West Texas Intermediate (WTI) oil futures contracts closed at -$37 per barrel Monday.  This statistic was baffling to many, who wondered if this was a once-in-a-lifetime opportunity to make a quick … Continued