Recent News and Insights
Market Commentary: October 23, 2025
U.S. electricity prices have surged over the past year, outpacing inflation and highlighting structural challenges in the power sector. National costs are up 5% year-over-year on average, although this figure masks that some regions are feeling the pain more than others. Prices in New Jersey, for example, have risen 22% in the past year. The surge has led utility bills to become a primary topic in the state's ongoing Governor's race. According to the New York Times, "electricity is the new eggs".
Market Commentary: October 8, 2025
The S&P 500 hit an all-time high six days into a government shutdown. It seems nothing will slow this market down as long as three critical ingredients are in place: 1) easing monetary policy, 2) strong earnings growth, and 3) AI optimism. At least for now, weaker employment data, geo-politics, and weak consumer sentiment just doesn't matter.
Hank Smith, Director and Head of Investment Strategy at Haverford Trust, kicks off Season 5 of the podcast and unveils this season’s theme “Navigating Change: Key Decisions Driving the Future of the Economy.”
Haverford hosted its 2025 Midsummer Outlook event at the Avalon Yacht Club where our [...]
The 27th Haverford Philadelphia PGA Classic was the subject of a one-hour special on [...]
The circumstances in which leaders operate are constantly evolving, yet the timeless traits essential [...]
Wall Street Journal – Hank Smith, Director, Head of Investment Strategy, was recently interviewed by The [...]
PGA Press Release - GA of America Golf Professional Trevor Bensel of LuLu Country [...]
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CNBC - John Donaldson, CFA, Vice President - Director of Fixed Income, was polled [...]
On May 7, we held the 2025 Investors Forum, featuring Dan Clifton, D.C. insider [...]
