I hope you and your family are doing well! We experienced a turbulent year in 2022 as global central banks, led by the U.S. Federal Reserve, tackled inflation and the global economy cooled. While we can’t know exactly when the turbulence will end, the economy and markets have already made meaningful progress toward rebalancing. Inflation has started to recede, a process we believe will continue in 2023, even if it will likely take some time to fully return to normal. U.S. Federal Reserve rate hikes will very likely end in the first half of 2023, although rates may remain at a restrictive level throughout the year. Labor markets, which had remained tight despite high inflation, have started to loosen. Voters have even chosen a more balanced government in Washington—with a single party no longer controlling the presidency, House, and Senate. Even as the environment remains uncertain, the ongoing process of finding a balance may be starting to create opportunities for investors. Higher in
White House Financial & Settlement Consulting, LLC helps families live an easier and less stressful life through the achievement of their financial goals by providing comprehensive, fee-only, client focused financial advice and exceptional service.