Overweight in an Uncertain World | June 2023 Webinar Recap

Written by Stratos Private Wealth | July, 2023

Time to Read: 2 Minutes

The market environment in the first half of 2023 was influenced by ongoing interest rate hikes, persistent inflation, bank failures, the looming threat of recession, and surprisingly, exceptional performance for US stocks. In our latest market webinar, Jeff Brown discusses the outlook for interest rates, trends in inflation, and the likelihood of a recession. Here are the key takeaways:

US stock market having the best start to a year since 1997 despite the fastest hiking cycle by the Fed in recent history
Inflation rolling over, including shelter, which should help the Fed end its tightening campaign
Global economy is still resilient, especially the services sector
Trend is improving, while sentiment might be extended in the very short term
Market leadership very narrow, prompting a shift to more equally weighted index
Recession in late 2023/early 2024 is still on the table, as it a soft landing
SPW remains overweight equities

As always, we remain focused on our objective indicators and are prepared to make changes accordingly.

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Stratos Private Wealth is a division through which Stratos Wealth Partners, Ltd. markets wealth management services. Investment advisory services offered through Stratos Wealth Partners, Ltd., a registered investment adviser. Stratos Wealth Partners and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only; and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Investing involves risk including possible loss of principal. Some of the information contained herein has been obtained from third party sources which are reasonably believed to be reliable, but we cannot guarantee its accuracy or completeness. The information should not be regarded as a complete analysis of the subjects discussed.

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