WRITTEN BY: Kingsview Investment Committee Investors entered the third quarter hoping to see signs of market recovery following 2022’s poor first half. However, those hopes were dashed when the Federal Reserve reiterated its desire (goal) to reduce inflation toward 2% with little regard for the potential effects on the economy. After previously claiming inflation was […]
Global markets pulled back again last week following the Fed’s announcement that it would tighten by another 75 basis points and keep rates higher for longer. Major indices are back to their June bear market lows with the S&P 500 falling 23% year-to-date and the Nasdaq down 31%. Bonds have also struggled as all interest rates across […]