Blog - Stratos Private Wealth

The Economy, the Fed, and the Election | August Webinar Recap

Written by Chris Reyes | August, 2024
 

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.

 

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.  The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. 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.