In an effort to fulfill our mission of educating all on the benefits of a healthy financial lifestyle, we offer our insights and resources. Our ‘Vestbridge Weekly Update’ is published weekly and provides critical insight into current events.
As a trusted voice in the industry, we also offer some of our published Guides free to the public, and we offer other materials also listed below.
“My father gave me the greatest gift anyone could give another person:
He believed in me.”
– Jimmy Valvano –
“America was not built on fear. America was built on courage, on imagination and an unbeatable determination to do the job at hand.”
– Harry S. Truman –
If you are tired of reading about inflation, I don’t blame you. Since the Fed began hiking rates a little over a year ago, economists and investors have been intensely focused on each monthly data release, desperately looking for signs that the inflationary trends are reversing.
“Your task will not be an easy one. Your enemy is well-trained,
well equipped and battle-hardened. He will fight savagely… I have full
confidence in your courage, devotion to duty and skill in battle.
We will accept nothing less than full Victory!”
Almost half-way through 2023, the stock market is outperforming most analysts’ expectations as earnings rebounded nicely and equity indices are mostly positive. The most popular domestic equity benchmark, the S&P 500, is up 9.7% for the year as of May 31st, a solid bounce back from 2022’s 18.1% decline.
“The Next Generation must never forget the service, sacrifice, and commitment of those
who enable us to live in the greatest nation the world has ever known – that is the
essence of Memorial Day.”
– Lt. Col. Allen B. West –
In our Annual Outlook for 2023, we raised the possibility that the US economy could potentially avert recession in 2023, powered by full employment and robust consumer spending. Thus far, with roughly a month left in the 2nd quarter, the US economy has proven itself surprisingly resilient, with GDP growth of 1.3% in Q1 and unemployment at just 3.4% in April.
If you are a long-term investor, you most likely have your portfolio allocated in a diversified manner, with equity exposure that extends beyond the US borders to include foreign Developed Market (DM) and possibly Emerging Market (EM) exposure.
Happy Mother’s Day!
While the Federal Reserve has not explicitly stated it, May’s interest rate hike may well have been the final increase in the current cycle. If so, we have just witnessed one of the steepest rate hike cycles in history, with ten consecutive rate increases bringing the Fed Funds rate from its starting range of 0.0%-0.25% in March 2022 to 5.0%-5.25% as of May 2023.
Ready to learn more about
smart, personalized investing?
Your portfolio should always reflect your ambitions, your values, and your story. At Vestbridge we start from scratch with every single client and we create a smart personalized portfolio that is unique to you. Talk to a Vestbridge Financial Advisor today.Schedule A Consultation