Below, you’ll find linked Elser Financial Planning’s 2nd Quarter Newsletter for your consideration.
Categories: Quarterly Newsletter
Below, you’ll find linked Elser Financial Planning’s 2nd Quarter Newsletter for your consideration.
The February jobs report showed further signs of labor market softening, with the economy shedding 92,000 jobs and unemployment rising from 4.3% to 4.4%. Nine of eleven sectors posted job losses, as the figure fell well short of expectations for a gain of 55,000 jobs.
The Federal Reserve cut interest rates an additional 0.25% in December, bringing the target range to 3.5% - 3.75%. Rates are expected to remain between the 3-4% range through 2026 meaning few to no cuts are currently priced in.
Markets continue to make gains following the April lows. International equities continue to outperform year-to-date, supported by the weakening of the dollar.