The nation’s economy ended 2022 on a strong note, growing 2.9% annually in the fourth quarter despite the drag of higher interest rates. While the economy held its own in the fourth quarter, other economic reports have captured a slowdown in activity, notably in housing, retail and manufacturing. Markets are in a tug of war with the Fed, with both stocks and bonds rallying of late in expectation that inflation will recede faster than the central bank currently expects and force it to halt its tightening of monetary policy sooner than planned.
Download Economic Perspective ChartbookAbout The Author
Robert G. Gilliland, CRPC™Managing Director and Senior Wealth Advisor
Robert’s professional journey seamlessly blends individual excellence with exceptional team-building skills. While earning his Bachelor’s degree in Finance from Stephen F. Austin State University, he financed his education by managing a restaurant franchise — a role that honed his abilities in time management, leadership, and financial oversight. At Merrill Lynch, Robert quickly distinguished himself through […]
Learn more about RobertLegal StuffThe information contained herein is intended to be used for educational purposes only and is not exhaustive. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but are intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax or financial advice. Please consult a legal, tax or financial professional for information specific to your individual situation. Material provided by Concenture Wealth Management.
