Is Stagflation Coming — And Should You Refinance Before Yields Move Again?

The Market Hit Records Again. So Why Doesn't Your Portfolio Feel Like It?

The S&P 500 returned 5.3% in May. Strip out technology and the rest of the index was slightly negative. The equal-weight version of the same 500 companies returned 2% to 3%. The gap between the headline number and what most portfolios actually experienced was one of the widest in recent memory — and it tells you something important about the rally we're in. Matt and Garrett get into what's driving it, what it means for investors, and whether the strength you're seeing in the headlines is as broad as it looks. Plus the strongest earnings season since 2021, a consumer warning sign worth paying attention to, and the honest bull and bear cases for June. Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.

Is Stagflation Coming — And Should You Refinance Before Yields Move Again?

Nine consecutive weeks of gains and all-time highs across the board — but GDP was revised down to 1.6% and PCE inflation hit a three-year high on the same morning. The word stagflation showed up. Matt and Garrett take it seriously without catastrophizing it. Matt's thesis that oil drives the inflation story got some vindication this week as yields reversed lower alongside falling oil prices. Garrett acknowledges it while keeping the honest caveat in place: the ceasefire is still contested. In the Planning Room: yields just fell and mortgage rates moved with them. Here's the actual math framework for deciding whether to refinance — and why this moment might be worth a conversation with your lender. Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.

Is the Bond Side of Your Portfolio Working Against You Right Now?

Eight consecutive weeks of gains. Treasury yields at near two-decade highs, the Fed explicitly putting rate hikes on the table, and Nvidia reporting $81.6 billion in quarterly revenue — up 85% year over year. The equity market is proving more resilient than the backdrop suggests. Matt is holding his thesis that rates are heading lower eventually. Garrett isn't so sure about the timeline. They find common ground in the Planning Room — where the question isn't about stocks at all, but about whether the bond side of a balanced portfolio is doing what investors think it's doing. In the Planning Room: the 60/40 portfolio, what happened to bonds in 2022, and whether the current setup is asking the same uncomfortable question again. Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.

Inflation Just Hit a Three-Year High - What It Means for Your Retirement Income

Consumer prices hit a three-year high. Wholesale prices surged 6%. Today is Jerome Powell's last day as Fed Chair, and Kevin Warsh takes over into one of the more complicated inflation environments the Fed has faced in years. Matt had been holding firm that oil falls and inflation fades. This week's data pushed back on that timeline — and Garrett noticed. That conversation is worth a listen. In the Planning Room: what rising inflation actually does to a fixed retirement income plan — and what to do about it before it becomes a problem. Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.

Is Your Annuity Safe? What a $660 Billion AI Bet Means for Your Retirement Income

Six consecutive weeks of gains, the Nasdaq up 4%, and reports of a framework agreement that could finally close the chapter on the conflict. Good week on the scoreboard. Matt and Garrett dig into what's actually driving it — and where the risks are hiding. The AI capital spending numbers from big tech are remarkable. But the more interesting conversation is what those numbers mean for the industry being disrupted — and what that disruption could mean for retirement products most people assume are safe. In the Planning Room: annuities, private equity's exposure to software companies, and the question your advisor probably hasn't raised yet. Worth a listen before your next financial review. Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.