This week we cover the toll of continued geopolitical uncertainty, stubborn inflation, and the effects of aggressive monetary policy shifts, which clearly show in the poorest investor sentiment in 30 years and record mutual-fund outflows. On the economic front, investors interpret Fed Chairman Jerome Powell’s comments last week as moving up short-term interest rates sooner than expected. For Wealth Planning, we discuss the 4% safe retirement withdrawal rate rule and how it may no longer apply with today’s unprecedented conditions.
