Premier Wealth Timely Topics
Summer volatility is not unusual, especially when major economic reports come out that challenge the overall market narrative. In this case, recent earnings and economic releases have questioned the soft landing/no recession outlook with increased. We’d like to remind investors that the market narrative tends to fluctuate quite dramatically – remember in January when the market was pricing in seven Federal Reserve (Fed) rate cuts this year, and then just a few months ago, many were wondering if the Fed would cut at all this year. It is important to take the market narrative with a grain of salt and look at the fundamentals in determining your outlook for the economy and financial markets. We ultimately believe this soft patch of data will prove to a be a ‘growth scare,’ not a ‘recession reality.’ In the meantime, please take a moment to look at some recent events within the marketplace as well as some articles Premier Wealth Advisors thinks you may find useful.
