Jobs reports often move markets, but few understand exactly why. Today's "Goldilocks" employment number of 144,000 new jobs strikes the perfect balance - strong enough to show economic resilience but sufficient to keep September rate cut expectations alive. For wealth managers overseeing millions in client assets, these details matter greatly for portfolio positioning.

The market' s reaction tells the story: a modest gain into the holiday weekend, suggesting investor confidence in the economic outlook despite recent warning signs. After yesterday' s alarming negative ADP report, today' s government data offered reassurance that we' re maintaining the delicate balance between growth and policy support. With the S & P up roughly 5% year- to- date, we remain on track toward our projected 8-10% annual return goal.

Beyond market analysis, I shared my transformative experience graduating from Goldman Sachs' 10,000 Small Businesses program. Launched in 2009 after the financial crisis, this intensive 11-week curriculum provides comprehensive business education to established entrepreneurs ready for growth. Goldman Sachs has invested millions in this program, supporting education, services, and capital access through Community Development Financial Institutions. (CDFI's)

The curriculum, developed by Babson College (America' s top- ranked entrepreneurship school), guides participants through specialized modules covering financial analysis, leadership, operational efficiency, marketing strategy, and capital access. Each participant creates a detailed growth plan - mine focused on launching specialized wealth management services for student-athletes navigating NIL opportunities.

Small business owners generating at least $ 75, 75,000 annually with two or more employees should definitely consider applying at 10 ksb. com. The program yields impressive results: 72% of alumni increase their revenues within 18 months (compared to 53% of typical small businesses), and nearly half create new jobs within six months of graduation. Beyond statistics, you' ll gain strategic clarity, confidence, and access to a robust nationwide network of fellow entrepreneurs. #10ksb

As we celebrate America' s independence this weekend, I am reminded that understanding economic indicators and supporting small business growth are two sides of the same prosperity coin. Whether you' re an investor monitoring market signals or an entrepreneur seeking growth strategies, clarity and community are your most valuable assets.

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.

The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may suit you, consult the appropriate qualified professional before deciding.