May 2023 Economic Update

Check out our most recent, May 2023 Economic Update, headed up by Senior Wealth Advisor, Marc Davis, CFP®.

Marc covers GDP over the past year and other indicators for what looks like a mild recession, the debt ceiling crisis in DC, changes in consumer savings and spending rates, employment/wage rates and outlook, inflation and lifestyle implications, and historical data regarding recessions and expansions.

While the headlines are sometimes unsettling, recessions generally tend to be short while expansions tend to be much longer. Keeping your head and investments aligned with your planning goals is key!

Enjoy!

Disclaimer: For information purposes only and should not be interpreted as legal, tax or financial advice. Always consult your CPA/tax advisor/attorney (or reach out to us;) to discuss your specific situation. Past performance is no guarantee of future results.