As the likelihood of an economic “soft landing” is increasingly accepted by investors, businesses and consumers, attention is shifting to the challenges of profitability, sales growth and geopolitical threats. The US market headwinds echo the same recent trading activity in Europe after some hawkish regional policymaker talk challenged market expectations regarding the magnitude and frequency of rate cuts. The Fed is likely debating cutting rates early to avoid a recession but at the risk of not addressing a sticky labor market with wage inflation or delaying rate cuts to attempt to lower wage inflation but risk an economic downturn. On the wealth planning front, we discuss retirement trends for 2024.
Click Here to Read the January 16, 2024, Economic Commentary
Click Here to Read the January 16, 2024, Investment Commentary
Click Here to Read the January 16, 2024, Wealth Planning Commentary
