Extremely hawkish statements by Fed Chairman Powell have had a noticeable impact on sentiment, shifting many economists and analysts into cautioning about an imminent economic recession in the US and possibly globally. The Fed’s commentary is expected to keep volatility levels high in the markets. During the past two weeks, both nominal and real 10-year US Treasury yields have surged by 40 bps while the S&P 500 has dropped by 9%. Last week, the Nasdaq and the S&P 500 have entered bear market territory. Our Head of Wealth Planning discusses Medicare’s open enrollment beginning on October 15, the expected changes, and why premiums will rise.
Click Here to Read the September 26, 2022 Economic Commentary
Click Here to Read the September 26, 2022 Investment Commentary
Click Here to Read the September 26, 2022 Wealth Planning Commentary
