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Aug 10, 20221 min read

Investment & Economic Strategy Update — August 10, 2022

In Our Opinion:

  1. 2 quarters of negative GDP is the base for a possible recession. However, there are many other factors that need to align.

  2. Employment is currently holding steady which is good.

  3. Consumers with cash-at-hand is the highest it’s been since 2020 which is also good.

  4. We ARE NOT looking at a repeat of the 2008 recession.

  5. Expect more volatility as this is normal.

  6. Given the current strong economy, consumer, and business areas, there is a chance we could see a positive yearend.

  7. Remember: Volatility is normal, not every year is up, but we feel confident at the next 3-years.

If you have questions or concerns about your portfolio, give us a call. (800) 618-8577 or visit our website, www.ReznyWealth.com and schedule a consultation.

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