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December 17, 2022 9:00 am
The latest GDP info shows that the US economy grew .6% in the third quarter, a 2.6% annual rate, a rebound, but not enough to ease worries of a recession. As the Fed continues to raise rates, Peter with Richon Planning debates whether we are already in a #recession or whether we will avoid a recession entirely.
He and Erin Kennedy look at key indicators including the #GDP, to gauge the overall health of the economy and to predict whether the Central Bank will back off its hawkish stance.
If you have any questions about the market or your investments, please reach out to Peter who'd be happy to "stress test" your portfolio to see if you're prepared for this or any future market volatility; simply call (919) 300-5886 or visit www.RichonPlanning.com