There’s been lots of talk of a recession, but when will it happen?
- Growth expectations are being revised higher and recession start dates are being pushed back or indefinitely postponed. – Bob Doll, Crossmark Global Investments
- Markets may be pricing in the best of both worlds: a soft landing atop a solid foundation. Rejuvenated optimism for a soft economic landing has helped propel gains for most risk assets over the past several weeks. – Nuveen
- This may be the most widely anticipated recession in history. The question is: What comes after? “When an insight is widely held, such as the likelihood of recession before the end of the year, it may already be priced into the market,” U.S. economist Jared Franz says. “Investors may be better served by preparing for what I expect will be a stronger than usual recovery. – Capital Group | American Funds
As always, we continue to believe that one’s circumstances and risk profile should determine the appropriate mix of investments, and not media headlines. Please contact us if you ever have any questions or concerns about your accounts or any news you hear.
Information in this commentary is gleaned from third party sources, and while believed to be reliable, is not independently verified. This content is not intended to be tax, legal, investment or fiduciary advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and/or investments discussed in this material may not be suitable for all investors. Bernardo Wealth Planning recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. Past performance does not guarantee future results.