Happy November! According to The Conference Board which releases the monthly U.S. Economic Leading Index® (LEI), the U.S. will “likely” be entering a recession by the end of 2022. With this in mind, Gauthier Wealth Management decided to forego its fall client/prospect event to make a donation to the Second Harvest Food Bank. The only question at this time appears to be whether this will be a shallow or a deep recession. The Federal Reserve is largely in the driver’s seat as it fights inflation while trying to support economic growth. We will know more soon, even if a recession may not be announced officially until several months from now. Until then, enjoy the fall weather and get out to vote!
Topics:
Charitable Giving Remained Flat in 2021
Sectors: Overweight, Underweight, or Just Right?
Year-End 2022 Tax Tips
Is It Time to Buy an Electric Vehicle?