Market Recovery Hinges on Rapid Drop in Inflation
We are just a few weeks into 2023 and we are already seeing a 5% increase in the US Stock market. At this point, any market increase is very welcome, considering 2022. Additionally, it looks like the biggest hope nationwide right now is for inflation to subside. The consumer price index is down from its peak. Home prices have flattened out across the country, as interest rates are still high. Unemployment is holding steady at 3.5%. It seems that no matter what the Feds do, they can’t seem to crush jobs as much as they’d like, to help slow down the economy. If inflation does subside, we have a chance to “not drive off the cliff”, as many people have been talking about. However, it is crucial to remember that we are not invested just for the year 2023, but in most cases, we are invested for 30+ years. Consequently, one bad year or even a few bad years won’t make that big of an impact on your long-term investments.
Click here to read the article mentioned.
Download our eBook: “Top Reasons Most Financial Plans Fail”
Have more questions? Contact Us
Casey Smith
President, Wiser Wealth Management
Click here to schedule a consultation with one of our financial planners.
Listen to Our Podcast:
Recent posts
Share This Story, Choose Your Platform!
Wiser Wealth Management, Inc (“Wiser Wealth”) is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). As a registered investment adviser, Wiser Wealth and its employees are subject to various rules, filings, and requirements. You can visit the SEC’s website here to obtain further information on our firm or investment adviser’s registration.
Wiser Wealth’s website provides general information regarding our business along with access to additional investment related information, various financial calculators, and external / third party links. Material presented on this website is believed to be from reliable sources and is meant for informational purposes only. Wiser Wealth does not endorse or accept responsibility for the content of any third-party website and is not affiliated with any third-party website or social media page. Wiser Wealth does not expressly or implicitly adopt or endorse any of the expressions, opinions or content posted by third party websites or on social media pages. While Wiser Wealth uses reasonable efforts to obtain information from sources it believes to be reliable, we make no representation that the information or opinions contained in our publications are accurate, reliable, or complete.
To the extent that you utilize any financial calculators or links in our website, you acknowledge and understand that the information provided to you should not be construed as personal investment advice from Wiser Wealth or any of its investment professionals. Advice provided by Wiser Wealth is given only within the context of our contractual agreement with the client. Wiser Wealth does not offer legal, accounting or tax advice. Consult your own attorney, accountant, and other professionals for these services.