Phil, Mike, and Larry discuss how last week’s strong GDP report caused economists to re-evaluate their projections for a recession and it looks like the U.S. is returning a Goldilocks economy that is neither too hot nor too cold. Does this mean this is a risk-on environment and that investors should put all their money to work? They then address how the strong GDP and lowered expectations for a recession may be working against the Fed’s efforts to reduce inflation, leaving open the possibility of another rate hike this year.

Submit your questions to [email protected]

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.