Anthony Minero, MBA, APMA - Ameriprise Financial Advisor

08/11/2026

Last Friday, the S&P 500 and Dow Jones both closed at record highs, capping the strongest week for stocks since April, right after a weaker-than-expected jobs report showed employers added fewer positions than forecast.

Here's why that connection makes sense: when hiring slows, it often reduces pressure on the Federal Reserve to raise interest rates. Lower rates generally make borrowing cheaper for businesses and can make stocks more attractive relative to bonds, so markets sometimes rally on weaker economic data if it increases the odds the Fed holds steady. This is a well-known market dynamic often referred to as "bad news is good news."

Interestingly, even though job growth has slowed, the unemployment rate has stayed relatively stable. Two factors help explain this: a significant shift in immigration trends over the past couple of years, and the native-born workforce simply aging out of their working years. Both trends shrink the overall pool of available workers. When fewer new workers are entering the job market, whether from lower immigration or an aging population, slower payroll growth doesn't necessarily signal weaker demand for labor, it may simply reflect fewer available workers to fill jobs.

This is a helpful reminder that headline economic numbers don't always tell the full story.

Source article: "A Low-Immigration Economy" by Brian S. Wesbury, Chief Economist, and Robert Stein, Deputy Chief Economist, First Trust Portfolios (8/10/2026): https://bit.ly/4qdeQUA

08/05/2026

Tax season reminder 📅​

You may still be able to make certain retirement contributions for last year before Tax Day — potentially lowering your taxable income and supporting long‑term goals.

08/04/2026

The Empty Chair in the Room

At Kairos, our client is always in the room.

The Empty Chair represents the client at the center of every conversation, recommendation, and decision we make. That perspective helps guide how we think about markets, planning, and the questions that matter most.

The headlines change. The data changes. The chair changes too, because every client and every family has different goals, concerns, and priorities.

What matters is keeping the person in that chair at the center of the discussion while making sense of the signals that markets provide.

Last week, markets were influenced by Federal Reserve policy, technology earnings, and developments in global trade. Those remain some of the biggest topics investors are thinking about today.

This week brings a couple of important economic reports that could help shape the conversation.

On Wednesday, we will get the ISM Services PMI. In simple terms, it's a survey that measures activity across service businesses, which make up most of the U.S. economy. Investors watch it for clues about whether business activity is expanding or slowing.

On Friday, we'll get the Employment Report and Nonfarm Payrolls. The labor market remains a major focus for the Federal Reserve, so this report often plays a role in expectations around future interest rate decisions.

If you know someone who might benefit from this client-first approach, we would be honored to pull up another chair.

07/29/2026

Tax season reminder 📋​

Your charitable donations — from cash to clothing — may be deductible and could help lower your taxable income.

07/23/2026

Check out the most recent market update from Ameriprise.

My view remains that the economy is holding up well, supported by healthy consumers, improving business investment, and strong corporate earnings.

My belief is that AI is not going anywhere. In fact, we may still be in the early innings of what could become one of the largest business investment cycles in decades. Demand for AI infrastructure continues to exceed supply, supporting growth across technology, manufacturing, and related industries.

The challenge isn't demand. It's expectations.

Many of the largest technology companies remain highly profitable, but investors are requiring more proof that massive AI spending is translating into sustainable revenue and earnings growth. Even modest earnings misses could create volatility.

The biggest concern remains inflation. Geopolitical risks, particularly involving Iran and global energy markets, could keep inflation elevated and interest rates higher for longer. That could continue to pressure bond markets and make earnings growth harder to achieve.

Ultimately, I see the market shifting back toward earnings, cash flow, and business fundamentals. In my opinion, that's a healthy development for long term investors.

The economy is showing resilience, but risks remain. Let’s connect if you’d like to discuss how the evolving economic landscape may affect your personal portfolio.

4 economic forces driving growth — and 4 risks to watch.

07/22/2026

Tax season is here — perfect timing to check in on your tax‑advantaged accounts.​

An HSA may offer:​
✅ Contributions that may be taxable​
✅ Tax-deferred growth​
✅ Tax-free withdrawals for qualified medical expenses​

An HSA can support both today’s healthcare costs— and tomorrow’s planning.

07/20/2026

As we head into the second half of 2026, Ameriprise Financial experts break down key market and economic trends shaping the investment landscape.

07/09/2026

How sharp is your brain really?

Most people spend time planning for retirement, but far fewer think about preparing their brain for the years ahead.

Research suggests cognitive performance can be influenced by everyday habits including sleep, stress management, physical activity, nutrition, social connection, and mental engagement.

The good news? There are practical steps we can take today to support lifelong brain health.

Join us on Thursday, July 23 at 1:00 PM PST for our upcoming webinar:
BrainWorks: Simple Solutions for Staying Sharp

During this session, we will discuss:
- The habits that support brain health
- Strategies to improve focus and mental energy
- Ways to build cognitive resilience
- Practical techniques you can start using immediately

Whether you are planning for retirement, already retired, or simply interested in maintaining your mental edge, this is a conversation you won't want to miss.

Reserve your spot today:
https://bit.ly/3Tatgs2

06/10/2026

This past weekend, the Kairos Wealth Partners team was proud to participate in the Logix Love Run in Westlake Village in support of Senior Concerns’ Meals on Wheels program, which helps provide meals and support to homebound seniors throughout the community.

We enjoyed connecting with so many local families, runners, and community members at our booth while supporting a meaningful cause that makes a real difference locally.

Thank you to everyone who stopped by to say hello, and to the organizers, volunteers, and participants who made the event such a success.

06/09/2026

Great feature on our own Ryan Carroll, CFP®️, APMA®️, and his family in the latest edition of Mendota Heights Living Magazine.

The article shares Ryan’s journey of bringing Kairos Wealth Partners to the Minnesota community and highlights the values that guide both his personal life and his approach to financial planning.

From family, hockey, and summers on Gull Lake to helping clients pursue clarity and confidence in their financial lives, Ryan’s story reflects the relationship driven philosophy we believe in at Kairos Wealth Partners.

We are proud to have Ryan representing Kairos Wealth Partners in Minnesota and thankful to Mendota Heights Living Magazine for featuring his story.