Advisor's Edge Highlights of the Month!

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Advisor's Edge Highlights of the Month from Share Scoops!

Frequently Asked Question❓ 

How can I overcome financial anxiety?

Answer at the bottom of the newsletter

Renewable energy just got a win after a string of policy setbacks.

Renewable energy just got a win after a string of policy setbacks. The massive Empire Wind project off New York's coast is back on track. After an abrupt halt last month by the Trump administration that sent a chill through the industry, construction has resumed on this critical offshore wind farm. The project is already about 30% complete, with $2.5 billion invested, and is now set to begin commercial operations in 2027. Once operational, its first phase will deliver 800 megawatts of power to New York City, enough to power 500,000 homes. This reversal is a significant win for the climate trend, securing jobs for 1,500 construction workers and bolstering confidence in the stability of major green energy infrastructure projects in the US. Developers had been reassessing risks after the unexpected pause, highlighting the sensitivity of renewable energy investments to political and regulatory shifts. The resumption signals a clearer path forward for large-scale offshore wind development and the broader transition to clean energy.

Small businesses are staying cautious and avoiding unnecessary costs.

Small businesses are staying cautious and avoiding unnecessary costs. Bank of America's latest analysis of their small business client data shows most firms are not panic-buying inventory over tariff cost concerns; only manufacturing and service operators increased payments to distributors last month, likely stockpiling parts before tariffs bite.

Hiring workers remains one of the biggest challenges for small businesses. Payments to recruiting firms are 6% above 2019 levels, signaling active searches, yet the recent two-month drop in payroll spending suggests many of the help-wanted ads are going unfilled. Employers aren't growing their payrolls as quickly outside the Sun Belt: San Antonio, Houston, and Austin posted substantial gains, while Boston and Phoenix slipped.

Overall spending is still positive, up 2.7% year over year, but owners are shifting away from cards and checks toward electronic transfers, a subtle sign of tighter cash management. For households, steadier Main Street revenues mean jobs and local services remain available, but lingering labor shortages and tariff costs could nudge prices higher through summer.

America's credit score just got downgraded, making it more expensive to borrow money.

America's credit score just got downgraded, making it more expensive to borrow money. Moody's Ratings, a primary credit rating agency, downgraded the US government's long-term credit rating one notch from its top Aaa rating to Aa1. This move, bringing Moody's in line with other major agencies, signals concern about the nation's rising debt and the increasing cost to pay interest on that debt, issues that successive administrations and Congress have struggled to address over the past two decades. America's outstanding debt has nearly doubled to over $36 trillion in just a decade and is projected to climb further. Interest payments are growing faster than anything else the government spends money on.

While being one notch down from the highest rating doesn't raise urgent concerns about America's ability to repay its loans, lower credit ratings can make borrowing more expensive. Following the announcement, interest rates for 30-year Treasury borrowing jumped above 5%, and the 10-year moved near 4.5%.

The downgrade matters for households and small businesses because US government bonds are the reference point for virtually every other interest rate. Those higher rates drive up the cost of mortgages, auto leases, and business loans. Borrowing costs could stay high if the federal government doesn't take steps to reduce its overspending problems. That might mean cuts to federal benefits or higher taxes ahead.

Your Advisor's Edge Team

💡 Answer to the Question:

Financial anxiety isn’t just in your head. It can show up in your body, too. People often feel it as muscle tension, trouble sleeping, irritability, or even avoiding money tasks altogether. The stress usually isn’t just about dollars and cents, but about the fear of not having enough, making mistakes, or not being prepared for the future.

A good first step is to recognize what you can control. If you're worried about money, organizing your finances, even in a simple spreadsheet, can shift the feeling from chaos to clarity. Small steps like tracking spending, reviewing accounts, or outlining a basic savings plan can help replace fear with action.

It also helps to balance responsible planning with quality of life. Constantly denying yourself joy today in fear of tomorrow can keep the anxiety loop going. Consider using techniques like reframing negative thoughts, focusing on progress over perfection, and setting specific, achievable goals.