If you’ve been paying attention to the headlines, you know that September was a rough month for the markets. What’s behind this surge in volatility? While it’s easy to see all these numbers and headlines and feel overwhelmed, it might be helpful to think of the markets as a knotted-up ball of string. By slowly tracing the string backward, we can gradually untangle it.
Economists have been predicting a recession for the U.S. economy ever since the Federal Reserve began aggressively raising interest rates in 2022. This is Econ 101.
Before we get started, do us a favor. Pick up your phone or go to your computer. Open your internet browser and search for “S&P 500.” The first result will show the current price of the index. Make a note of the number.
Looking back on the quarter that was and ahead to the quarter that is to be better-informed investors!
Everyone knows the Fourth of July is a chance to go on that much-needed summer vacation. It’s an opportunity to get together with family and enjoy backyard barbecue. It’s a time for parades and picnics, fireworks, and fun. It’s a way to feel and express pride in our country.
When we were kids, most of us were taught that “The only bad question is the one left unasked.” As a financial advisor, we've found that statement to be proven true time and time again.