Soccer is more than just a game

Sendero Wealth Management News

Starting tomorrow, the FIFA soccer World Cup starts in Russia. The most watched sporting event in the world will be played in eleven cities over the next 30 days to crown the best soccer team. Not only is the champion a source of immense pride for the winning country, it also can mean an improvement in economic growth for the host country.   While Russia is the largest country by area, its economy is relatively small. Smaller than …

Why Do Economists Want to See MORE Inflation?

Sendero Wealth Management News

News Radio 1200 WOAI reports that the Fed has made inserting a manageable amount of inflation into the economy is a key goal in 2018, and Elizabeth Crawford, CEO of San Antonio’s Sendero Wealth Management says a lack of inflation despite strong signs of growth in the economy, is a main reason why much of that prosperity is not making …

WOAI – Prominent S.A. Financial Leader Bullish on Fed Moves

Sendero Wealth Management News

The Federal Reserve Board on Wednesday said it will formally begin to sell some $4.5 trillion in bonds which it purchased as part of the ‘Quantitative Easing’ effort to end the Great Recession, and recalibrated its plan for interest rate increases over the coming two years, moves applauded by prominent local financial analyst Liz Crawford, News Radio 1200 WOAI reports. …

SABJ – New Leaders to Steer San Antonio Wealth Management Firm

Sendero Wealth Management News

From the San Antonio Business Journal:  After more than 20 years in business, the co-founders of Sendero Wealth Management are moving into advisory roles and handing off operations to new leaders. Fred Middleton is now chairman emeritus, and longtime CEO Scott McMillian is chairman, according to the firm. Read More…

Staying or Leaving: A Look at How the “Grexit” May Affect You

Sendero Wealth Management News

Just three months in, Greece’s newly elected government is standing firm on the anti-austerity platform that brought it to power in the first place. Its creditors are not wanting to give in to the persistent Greek demands and offer another new bailout deal. If progress is not made soon, Greece will have to make a decision on whether or not …

Greece Elections: Tragedy for the Euro?

Sendero Wealth Management News

Greece looks to be on the verge of an exit from the EU. It’s only been two years since the country was the recipient of a German-led bailout effort that saw the ECB buy Greek government bonds under the pretense that Greece adhere to fiscal reforms (otherwise known as austerity). After a few years of living with financial restraint, Greece’s economy …

Hong Kong: Why you should be paying attention to the protests

Sendero Wealth Management News

Protesters are angry that the Chinese government is reneging on a de facto agreement guaranteeing democratic voting for Hong Kong for 50 years since the UK handed over its sovereignty to China in 1997. Last month, Beijing officials announced that Hong Kongers would be voting on new candidates that would be hand selected by the Chinese government.Residents’ anger at the announcement has led to …