• Charles Schwab
  • eMoney
Bernardo Group
  • Process
  • Team
  • Insight
  • Resources
  • 401(k)

February 29, 2024

Market Commentary: March 2024

Fed Hints at Prolonged Pause

  • Economic data released over the last three weeks has further underscored why Fed officials were skeptical of investors’ expectations of an imminent and sustained interval of rate cuts. The Labor Department said the economy added twice as many jobs as forecasters had anticipated in January and inflation also came in above expectations. One month ago, investors thought the Fed was likely to cut rates at its March meeting, but they increasingly see the central bank waiting until June. – WSJ

  • Inflation is proving sticky, due to the dearth of economic slack and the self-sustaining interaction between service sector inflation and wages. Credit spreads remain supportive for equities and have edged lower this year despite the rise in government bond yields. Investors weathered the Silicon Valley Bank episode last year, but additional scares are probable before the cycle ends, especially in commercial real estate. – Crossmark 

  • Thanks to the Federal Reserve’s rate hiking campaign, cash looks more attractive today than in the last two decades. As a result, investors have flocked to cash products, like Certificates of Deposit (CDs), for both safety and income. This has pushed money market fund assets to a record $6 trillion. However, investors should be wary of falling into the “cash trap.” After all, history has clearly shown that one leaves money on the table by not taking some risk in investing. Over the last 30 years, cash has been unable to keep up with the creep of inflation. By contrast, other investments have been much better places to park capital. Moreover, for investors willing to take more risk, the reward has generally been worth it.– JPM

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.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
Previous Post Next Post

Categories

  • View All
  • Financial
  • Investment
  • Networking
  • Uncategorized
  • Wealth Planning

Popular Tags:

  • IRA Distributions
  • Job Growth
  • Market update
  • Financial planning
  • Investment
  • Charitable Giving
  • Stocks
  • market commentary
  • Finance
  • Market Insight
  • Stock volatility
  • trade
  • Tax Deductions
  • Networking
  • Market Volatility
  • economy
  • Financial Recap
  • investments
  • Recession Risk
  • Global Economy

Financial Insights

Market Commentary: May 2025

Markets experienced a volatile but ultimately resilient April, as equities rebounded from early-month losses triggered by escalating trade tensions on “Liberation Day.” Initially shaken by President Trump’s tariff threats, investors regained confidence after the administration delayed most tariffs by 90 days—pushing their implementation to early…
READ MORE

emX from eMoney Advisor

Your browser does not support the video tag.

We’re excited to introduce emX from eMoney Advisor. More than just Bernardo’s client portal, emX offers you a complete personal financial management website. It keeps your various banking, investment, and insurance accounts updated and organized, lets you manage your budgets and spending, and even helps us chart a path for your long-term-planning goals — all in one convenient online/mobile experience. Contact us to sign up.

READ MORE

Contact Us

267.500.1080

contact@bernardowealthplanning.com

Get Directions

272 Ruth Road // Harleysville, PA 19438

Connect With Us

Bernardo Wealth Planning LLC BBB Business Review

This material does not provide individually tailored investment 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. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. © 2016 Bernardo Wealth Planning

Legal Disclosure

contact@bernardowealthplanning.com | 267-500-1080 | 272 Ruth Road, Harleysville, PA 19438