This week’s theme on the Retirement Quick Tips Podcast is: 2023 So far…I’m recapping what happened in the economy and markets in the first quarter of 2023 and looking ahead to the rest of the year

The key in 2023 is to remain picky with stock and bond selection. Quality always matters, but especially during difficult and volatile economic periods. We are positioning client portfolios defensively, which should help provide stability during uncertain times ahead. 

The Bottom Line: We believe a significant economic slowdown is underway, and it’s likely a recession will arrive later this year. The banking crisis will likely contribute to a credit crunch, slower economic growth and a drop in earnings for stocks. Yet, opportunities still exist for investors, especially in high quality stocks and bonds. 

 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.  

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance