As the final quarter of the year begins, markets are grappling with rising interest rates, reaccelerating inflation, and continued economic uncertainty. These factors led the S&P 500 to decline 3.3% (with reinvested dividends) during the third quarter, while the U.S. Aggregate bond index lost 3.2%. These issues echo the many concerns investors faced last year when inflation and higher rates resulted in a bear market. Other factors, including the narrowly averted government shutdown and cracks in China's economy, have also added to investor fears. Amid the seemingly constant stream of negative headlines, how can we prepare for the final months of the year?
We discuss in this episode of The Wealth Effect Podcast:
📊 Stock and Bond Market Returns
📈 Real Interest Rates at 16-year Highs
📊 GDP Growth Stronger Than Expected
🏦 Monetary Policy Higher for Longer
🎛️ Investors Have Control Over Financial Outcomes
Matt Faubion, CFP®
Founder - Wealth Manager
Faubion Wealth Management
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