Stocks Inch Higher After Job Openings Data

We are optimistic. We are staying fully invested. We're diversifying further out of tech, but we're optimistic going into next year.

Obviously, there's a big decision coming out today, but I think we are going to see a rate cut. And I do think that is one of the pillars going into next year that will remain intact. Earnings and in lower interest rates will be there.

And so in terms of positioning, we're fully invested. Yes. Having cash aside for those that need it.

So having lots of conversations with clients about what's going on next year, are you potentially retiring? Are you buying something? You know, buying a home, Do you need cash set aside?

So we're very focused on that. But for the rest of the portfolio, we're staying invested, laying off off a little bit on the tech exposure that we had and going into some of those sectors that didn't perform as well this year, but staying fully invested. In addition, looking at private markets, that's another area of focus for us.

How do you try to get exposure to the private markets? Is it is it direct exposure? Is it through an ETF?

How do you view them? Couple of ways. But direct exposure.

So we're buying into companies directly. So investments in private companies directly. But then also through there's some fund of funds exposure that we have.

So we think of private equity exposure in both a beta play, having broad market private equity exposure through another manager. But at the same time, going directly for that alpha play and looking at some of the air names, not necessarily the infrastructure. We did that a while back.

Now it's that second layer. What else can we can we be invested in? So we're still believers in the air and how it plays out.