Prudence Requires Positioning Portfolios For An Economic Expansion

Published Friday, January 6, 2023 at: 8:54 PM EST

U.S. central bankers are likely to be criticized by historians for not taking inflation serious sooner, but the Federal Open Market Committee’s (FOMC) aggressive policy begun in March 2022 is working, data released Friday morning show. The progress of the United States, despite political discord in Washington, D.C., is notable. The post-pandemic inflation crisis has been managed well enough by the Federal Reserve System to require planning for the next expansion cycle! This is a good new problem to have.  After 10 months and perhaps the harshest monetary tightening in U.S. history, the economy evidenced sure signs of slowing in December, according...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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