12/17/2022 Too Much, To Soon?

| January 21, 2022

AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 1//2022 Towne Wealth Management BLOG: 

And… What’s on the Menu?

Headlines to begin this week, according to Fox Business 1/2022” Mostly:

-Inflation surges 7% in December, highest rate in 40 years.

-Today's mortgage rates pause at money-saving levels.

-A federal judge in Texas Friday blocked the federal government from enforcing President Biden's vaccine mandate for federal employees, arguing that he didn't have the authority to do so.

-Europe seems on the brink of war.  Russian has massed troops along the border with Ukraine and launched cyberattacks, the Pentagon revealed.

-Stuart Varney says the stock market selloff is a Biden ‘liability.’

-But it may be Treasury yields surging to 2-year-highs that has traders seeing the risk of a 50-basis point Fed Hike in March that has the markets quaking, reports MarketWatch, 1/18/2022

Too much, too soon, might be the words for this?

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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly. 

Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. 

The opinions expressed in this material do not necessarily reflect the views of LPL.