Terry Sawchuk is the Founder Sawchuk Wealth.
• Today’s CPI report will likely be pretty important, if the number is hot, rates will likely keep going higher and stocks/bonds lower, if it is in line or lower, might help stabilize markets and mark a short-term bottom
• Wildfires are a sad example of why you need risk management in place before disaster happens – need to protect money now and diversification is probably not the answer
• Markets are reacting to higher rates, they expected 4-5 rate cuts this year, not likely to get them from where we sit today
• People need to figure out if they or their advisor were simply lucky or good over the last two years, because that will make all the difference as to how they fare over the next 12 months.
• Inflation looks like it’s running higher which is not what many “experts” predicted