by admin | Aug 4, 2023 | Market Outlook, Weekly Wrap
Dear Friends, As we’re enjoying the final days of summer, the shadow of a recession appears to be gradually lifting for the US economy. Just last week, the Fed implemented yet another interest rate hike, which could be the conclusion of this rate hiking cycle....
by admin | Jul 21, 2023 | Retirement Planning, Weekly Wrap
Dear Friends, As the second quarter’s earnings season kicks off, strong results combined with economic data led to the recession narrative losing some support, though the likelihood is still high by historical standards. These updates have been the focus of headlines...
by admin | Jul 7, 2023 | Market Outlook, Weekly Wrap
Dear Friends, The past two weeks have brought with it a wide range of weather here in Charlottesville and it appears there may be some correlation to what we are seeing in the markets. All kidding aside, the US economy is proving to be more resilient than initially...
by admin | Jun 23, 2023 | Weekly Wrap
Dear Friends, During the final weeks of June, a series of significant economic events developed worldwide. One of the most impactful events was the Federal Reserve’s decision to pause rate hikes during the June Federal Open Market Committee (FOMC) meeting....
by admin | Jun 9, 2023 | Weekly Wrap
Dear Friends, Financial market fears of a potential U.S. credit default were lifted as President Biden signed into law bipartisan legislation that suspended the $31.4 trillion debt ceiling, narrowly avoiding an unprecedented U.S. default. While this brought some...
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