5/8/2023“You got to play it as it lays.”
AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 5/8/2023 Towne Wealth Management
Some Like it Hot…or Not?
‘It’s Still Too Hot,’ says Breitbart 5/2/2023, about the job market. Although job openings have fallen 20 % this last year, the unemployment rate is resting at a historic low of 3.5%. The inference being, we can’t say this is the end of interest rate increases.
The Big … Get Bigger?
Another regional bank was rescued by one the largest banks in America, says Breitbart 5/2/2023. In other words, the big get bigger, with nearly everyone agreeing that our largest banks…are too big already.
And…
A feeling there might be one last 25 basis point increase in interest rates …..
And … if inflation gets in line …….
Well … it looks like we still have some moving parts to consider.
So…
As I used to say in my college days,
“If it’s not one thing, it’s another;’
“And, no matter where you go, there you are;”
“And, it just goes to show you, you never know.”
“Therefore, there is only one way to play it ….”
“You got to play it as it lays.”
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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.