This week the Investment Office discusses interest rate hikes by the European Central Bank (ECB), the impact on the US fixed-income markets, and portfolio implications. On the economic front, the FOMC meeting is later this week, and an interest rate hike is expected. How much the increase will be, is the question, and will it lead us into a recession? Our Head of Wealth Planning reminds us to keep the long-term perspective given the current level of market volatility and provides some planning opportunities and reminders.
