In the 50th Episode of RHP Market Talk, CXO Natalie Picha and CIO Glenn Royal, CFP®, examine September's historical market weakness and how a potential government shutdown might impact investors during this traditionally difficult month.

• How a record 911,000 job revision could signal an existing economic slowdown

• What will be the Fed's response as it faces a dual mandate challenge with sticky inflation despite employment concerns

• How concerned should we be about Fed independence?

• Our counsel to clients during times of uncertainty

If you enjoy our podcast, please take a moment to subscribe. We would love it if you would leave us a rating and a review, as it's the best way for us to reach other listeners. We'd also love it if you could share the podcast with your friends and family. You can find us on LinkedIn and Facebook for additional content or reach out through our website at royalharborpartners.com.

Experience the difference of working with a firm that empowers your life—a firm that focuses on what matters most—you.

Whether you are beginning your financial journey now or have already taken steps toward your ultimate life goals, we are here to guide you.

https://podcasts.apple.com/us/podcast/rhp-market-talk/id1538051530

In Episode 49 of RHP Market Talk, CXO Natalie Picha and CIO Glenn Royal, CFP®, discuss what keeps driving this surprising market, where valuations are approaching dot-com levels while bond spreads have collapsed to historic lows. Other topics include:

• The disconnect between retail and institutional investors, and who has been right

• Have we seen the true impact of Trump’s tariffs?

• The impact of cryptocurrencies becoming legitimate institutional investments

• The long-term consequences of the politicization of the Fed

If you enjoy our podcast, please subscribe, leave us a rating and review, and share with your friends and family. You can find us on LinkedIn and Facebook for additional content, or reach out through our website at royalharborpartners.com. We're here to guide you on your financial journey, whether you're just beginning or already on your way to achieving your life goals.

Experience the difference of working with a firm that empowers your life—a firm that focuses on what matters most—you.

Whether you are beginning your financial journey now or have already taken steps toward your ultimate life goals, we are here to guide you.

https://podcasts.apple.com/us/podcast/rhp-market-talk/id1538051530

In Episode 48 of RHP Market Talk, CXO Natalie Picha and CIO Glenn Royal, CFP®, discuss how the global financial landscape has undergone a dramatic transformation since April, with markets stabilizing after the turbulence of the trade war, driven by abundant liquidity seeking investment opportunities. We examine the key factors that will shape investment strategies for the remainder of 2025.

• Tariff impacts are gradually filtering through the economy without dramatic inflation pressure so far

• Fed has paused rate changes for four consecutive meetings, but the next move is likely to be a cut if unemployment rises

• Geopolitical tensions in the Middle East pose inflation risks if oil shipping through the Strait of Hormuz is disrupted

• Proposed "revenge tax" on foreign investors could accelerate de-dollarization trends and weaken the dollar

Experience the difference of working with a firm that empowers your life—a firm that focuses on what matters most—you.

Whether you are beginning your financial journey now or have already taken steps toward your ultimate life goals, we are here to guide you.

https://podcasts.apple.com/us/podcast/rhp-market-talk/id1538051530