Monitoring All of the Recession Data
As various segments of the yield curve remain inverted, media outlets are abuzz with prognostications of imminent recession. However, the yield curve is just one metric used to provide valuable insight into the state of our economy. While the curve is sending mixed messages, other data, such as record low unemployment and record high GDP growth, is giving strong and reliable signals that the US is unlikely to tip into recession anytime soon and remains in the mid-cycle phase of the business cycle when stock prices often continue to rise despite volatility.
US GDP Growth Remains Strong
What Else We’re Reading
Legacy Trust Family Wealth Offices
4200 Marsh Landing Blvd, Suite 100
Jacksonville Beach, FL 32250
Office: (904) 280-9100
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Legacy Trust Family Wealth Offices of Jacksonville Beach, Florida, is a new type of financial services firm - an independent multi-family office - that brings all facets of your personal financial affairs under one roof, where they are coordinated for optimum efficiency and maximum performance.
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