Recent News and Insights
Federal Reserve holds interest rates steady amid resurgent inflation
CBS News - Hank Smith, Director and Head of Investment Strategy, at Haverford Trust [...]
Kevin Warsh’s Fed is not expected to make any changes to rates for a while, according to CNBC Fed Survey
CNBC - John Donaldson, Vice President and Director of Fixed Income at Haverford Trust, [...]
At Haverford, we take a multilayered approach to securing our digital assets, which may [...]
Hank Smith is joined by Pat Roberts and Nancy Blair, co-founders of AIM Academy and the AIM Institute for Learning and Research, on this episode of Speaking of Quality to discuss overcoming entrepreneurial challenges, planning for the future, and the importance of literacy and diverse methods of learning.
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".
Hank Smith is joined by Joyce Abbott, author, public figure, and retired Philadelphia School District educator, on this episode of Speaking of Quality to discuss the power of teamwork, her philosophy for teaching, and the importance of learning about financial literacy and civics at an early age.
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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.
During the third quarter of 2025, the S&P 500 rose nearly 8%, recorded 24 all-time high closes, and was never down more than 2%. Heading into the final quarter of the year we anticipate three major trends from the third quarter will continue to power the market’s steady ascension.
Hank Smith is joined by Carly Meyer Bentley, CEO & Founder, The Freckled Strawberry, Inc., on this episode of Speaking of Quality to discuss entrepreneurship, the importance of financial literacy and how to navigate your relationship with money.
