Rock Point Advisors is a wealth advisory firm focused on helping clients make sound financial decisions and take advantage of the benefits of long-term investing. We are dedicated to managing portfolios in the context of plans carefully developed with our clients.
Since our founding in 2004, our financial planning and investment management efforts have been guided by our fiduciary duty to our clients and our belief that doing what’s right matters. We work hard to deliver practical advice and responsible investing to help clients achieve their goals.
President Biden signed the $1.2 trillion Bipartisan Infrastructure Framework (BIF) into law last Monday. The legislation adds $550 billion to previously authorized funding for transportation, broadband and utilities over a five-year period
The headlines were as wild as ever this quarter. On the list: political chicken fights over the debt ceiling and infrastructure spending, rising prices and empty shelves while 50% of small businesses had job openings, a significant regulatory crackdown in China, and the Delta variant sweeping through the US – all impactful now and potentially far into the future.
With the stock market rally some fifteen months past the Covid collapse, we assess where things stand and contemplate what lies ahead. Stocks and bonds appear to be in the midst of a growth scare, which shaped the past quarter’s returns.