Monthly Archives: August 2023

6 Strategies: Financial and Tax Planning During Volatile Times

Over the last several months, we’ve received an outpouring of questions from clients about recent economic events and current market volatility. In a time of inflation, increasing interest rates, bank runs, geopolitics, layoffs and the Silicon Valley Bank collapse, it’s only natural to have financial concerns and emotional unease.

The Recession That Wasn’t

Last quarter treated investors to continuing strong equity returns. Global equites rose over 6% and are now up nearly 14% as of the end of June. Domestic equities saw particularly strong gains: nearly 9% for the second quarter. Global bond markets held their value: US bonds were down less than 1% and foreign bonds were up less than 1%.