We’ve seen A TON of headlines talking about recessions, layoffs, and market fears over the past few weeks. And what we should be doing to stave off the worst. It’s prudent to plan ahead and reef the sails before the storm strikes. But are we going overboard? Are we being TOO negative?
When it seems like there's a flood of bad news and everything is unpredictable, I think it's important to highlight the bright spots when we see them. I've got three small wins for you this week.
The most recent inflation data shows that inflation continues to persist near recent highs. The trend makes it likely that the Federal Reserve will raise interest rates again in November. Does that mean a recession is inevitable? Are we past the bottom or are markets going to fall further?
With markets caught in a volatile pattern of selloffs and rallies, I thought I'd do a quick round-up of what we know (very little) and don't (a whole lot). Before I begin, I should say: if you're looking for perfect clarity, you won't find it here. From where I stand, the crystal ball looks murky as heck.
What's going on with the markets? Higher-than-expected inflation data slammed investor expectations and rippled through markets, causing a broad selloff. Want a deep dive into what's going on and what would happen? Keep reading.
Have questions about the recent student loan forgiveness announcement? We've got (some) answers.
