The Economy, the Fed, and the Election

Amidst the recent bout of stock market volatility, signs of a slowing economy, an election on the horizon, and shifting expectations for interest rates, there’s no shortage of questions about where the economy and the markets will go from here. In our latest webinar, SPW president Jeff Brown shares the data we're using to better understand the current economic environment and the indicators that guide our strategic asset management decisions. Here are the key takeaways:

• 2024 correction normal and rational
• Economy and job market slowing.  Just how much remains to be seen.
• Fed likely to cut in the fall as part of a rate reduction process.
• Election could create some volatility in short term
• Weight of evidence leans slightly bullish in tactical portfolios…for now.

We are grateful for our clients continued trust and confidence and encourage you to reach out to us with any questions about your specific situation.