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Bi-monthly financial updates

Financial Insights – January 15, 2024

Financial Insights – January 15, 2024

GOVERNMENT SHUTDOWN – YES OR NO?

In just four short days (January 19th), the first of two potential partial shutdowns could occur unless Congress comes to an agreement and the President signs a bill. As you may recall, former Speaker McCarthy along with Democrats passed a continuing resolution to avoid a shutdown in late summer.

Financial Insights – January 2, 2024

Financial Insights – January 2, 2024

WOW! WHAT A DIFFERENCE A YEAR MAKES
This time last year almost everyone was sure that the interest rate increases would lead to a recession. While we didn’t rule out the possibility of a minor recession, we believed the recession had a greater chance of occurring in 2024. Now, the experts are discounting the possibility of a recession in 2024. We think the possibility of a recession is not as eminent in 2024, but a brief and mild recession cannot be ruled out.