Happy summer! June is upon us and many issues remain unresolved, including Federal Reserve tightening, inflation, and the war in Ukraine, but consumers remain resilient and the recent earnings season has come and gone with inconclusive evidence of an immediate downturn. Instead, unemployment remains low, balance sheets strong, and more evidence is needed to know if inflation has peaked. Markets remain turbulent in this kind of market, but near-term economic growth should return in Q2, and ongoing issues resolved as we head into 2023. In the meantime, spend time with your family and friends and enjoy the freedom that is uniquely American. It remains an “experiment” 246 years after our founding, but we remain the beacon of hope for the world.
Topics:
GDP Growth Highest in 37 Years
Should You Consider Tapping the Equity in Your Home?
Preparing for a Natural Disaster
Adjusting Your Tax Withholding