ADVANCE \ DECLINE | Managing Money's Ups & Downs
Stephen Kates, CFP®Financial news, insights, and strategy.
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 96 | Founded | 4 years ago | Last Issue | 17 days ago |
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stephenkates.substack.comLatest Issues
Where's My Return on Investment?!
I will be traveling and will be taking a break from publishing for a couple of weeks. See you on the other side!
—Stephen
It was a light week for economic news, but markets finally encountered some turbulence after an impressive run. Mos...
How SpaceX's lock-up schedule could fuel months of volatility
SpaceX went public on June 12, making 555 million shares available for trading. Although that sounds like a lot, it isn’t. Following the IPO, SpaceX has approximately 13.075 billion shares outstanding and over the next year, they will all b...
The AI Trade Hits a Speed Bump
The stock market took a breather this week as investors rotated away from some of the market’s strongest performers from earlier this year. The S&P 500 fell more than 1%, while the Nasdaq Composite and large-cap technology stocks faced the...
The Inflation Pipeline
June Consumer Price Index Results
The June headline Consumer Price Index (CPI) fell by 0.4% from May, beating expectations of a 0.1% decline. On an annual basis, this resulted in a 3.5% increase from June 2025, 0.3 percentage points b...
Halfway: Adjust Accordingly
If I have to type the words “renewed tensions in the Middle East” one more time…anyway, round and round we go.
Revived hostilities with Iran are still sending oil prices dancing on good and bad news. While headlines also lifted Treasury yi...
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Authors
The writers behind this newsletter.
I help individuals and families grow and protect their wealth. 15+ years in finance as a wealth advisor, speaker, and writer.
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