Interest Rates
With the Federal Reserve meeting coming up soon, many investors anticipate the Fed will cut rates; we agree.
With the recent softness in the labor market, we think it is likely the Federal Reserve will do their best to try to stimulate the economy by lowering borrowing costs. This will likely have an impact on fixed income assets, money market rates, financing costs, and the equity markets. We have positioned portfolios on the assumption that rates would fall so we are comfortable that we are invested as we should be.
I've recorded a brief video update for you that you might find of interest. Feel free to listen and watch and ask if you have any questions; always happy to help.
