recession, slowdown, or something in between?

The debate about whether the US is in a recession or not continues, with rising inflation and interest rates and high energy costs fueling consumer fears about where the economy is headed, despite near record-low unemployment.

 This week's highlight article, an interview with GW&K's Global Strategist, provides an in-depth discussion of the topic on everyone's mind - reviewing the data and highlighting the importance of an "all-weather" portfolio. 

Markets & midterms

With less than two months before election day in the U.S., midterm elections are top of mind for politicians and voters alike. And while control of the U.S. Congress and influence over future policies may be at stake, should investors care? Not much, as our Chart of the Week below shows. Markets are less concerned with election results and much more concerned with simply getting past the election. Since 1962, the S&P 500 has returned just .3% on average for the 12 months leading up to midterms, and a staggering 16.3% average return in the months following once elections conclude.

 
 

What Else We're Reading

Legacy Trust Family Wealth Offices

 4200 Marsh Landing Blvd, Suite 100

Jacksonville Beach, FL 32250

Office: (904) 280-9100

Fax: (904) 280-9109

 

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. 

Investment products are not FDIC insured, are not bank guaranteed, and may lose value.