In Our Opinion:
2 quarters of negative GDP is the base for a possible recession. However, there are many other factors that need to align.
Employment is currently holding steady which is good.
Consumers with cash-at-hand is the highest it’s been since 2020 which is also good.
We ARE NOT looking at a repeat of the 2008 recession.
Expect more volatility as this is normal.
Given the current strong economy, consumer, and business areas, there is a chance we could see a positive yearend.
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.