Take a look at this video from one of our trusted third-party investment managers on what to expect for third quarter. As always, if you have any questions or concerns, do not ever hesitate to reach out to us.
Our latest Quarterly Outlook looks at how the Federal Reserve affects the economy through its dual mandate of achieving maximum employment and keeping prices stable.
In this episode of Buckingham Perspectives, Chief Investment Officer Kevin Grogan shares our outlook for markets and the economy. Our latest Quarterly Outlook looks at how the Federal Reserve affects the economy through its dual mandate of achieving maximum employment and keeping prices stable. To achieve these goals, the Fed raises interest rates to reduce economic activity and lowers rates to stimulate the economy. With inflation easing and the labor market cooling, the market is expecting two or three rate cuts before the end of the year. While this may provide some relief to consumers and businesses looking to borrow funds, it’s unlikely that we’ll see rates drop to near zero anytime soon. For questions about how these trends may affect your financial plan, reach out to your advisor.
Clickhereto view the full Quarterly Outlook for Q3 2024.
For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based on third-party data and may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this information.