In this December market update, Caleb Tucker, CFA®, Director of Portfolio Strategy, reviews this month’s market trends. Some of the key points for December’s update are:
- The November inflation report was an encouraging signal that inflation is finally headed in the right direction, but we are still well above the Federal Reserve’s 2% target.
- The market has priced in lower rates in the second half of 2023, but a hope for lower rates next year is not something that should drive investment decisions.
- Recession risks are elevated as we head into next year, but properly diversified portfolios can help investors navigate this uncertainty.
We hope you find this video educational and informative. If you have any questions, please reach out to your advisor. Thank you for being a valued client of Merit.
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