May 2023

Happy May! Recently, the markets have quieted as investors realized that most of the federal reserve interest rate hikes are behind us.  This is leading to optimism in the fight against inflation, which has now fallen to 4.9 percent in April 2023 from the high of 9.2 percent in June of 2022, even if it may be elevated for a while.  The next big issue facing the market is the long-term impact of higher interest rates on consumers and businesses, and ultimately, corporate profits. Recent corporate earnings came in better than expected but are still down four percent year-over-year. There are more bumps ahead, including more revisions to corporate earnings and near-term debt-ceiling negotiations, but America remains resilient and the hope for freedom around the world.


Reasons to Roll

How Taxes Impact Your Retirement-Income Strategy

Yours, Mine, and Ours: Financial Tips for Blended Familie

A Mortgage Recast Is an Alternative to Refinancing

Click To Read GWM Newsletter – May 2023