Ever wonder how Social Security benefits are funded? Notable Number 1 in this week’s Weekly Market Review provides a basic overview of where the money comes from.
July was a rally month for the market with investors recouping some of their 2022 losses!
This rally is occurring in the face of rising rates by the Federal Reserve. Generally speaking, the markets very much don’t want interest rates to go higher. Essentially, higher rates are cold water being poured on the economy to slow it down as an effort to tame inflation.
Maybe the investments markets have taken a “let’s get it over with” mindset.
As always, we hope you find the Weekly Market Review both interesting and informative.
Have a great week!
Trevor N. Coe, CFP®
TREVOR'S WEEKLY MARKET REVIEW
August 10, 2022|