January Newsletter
Megan Lisowski - Jan 06, 2023
Market and Portfolio Update
Happy New Year!
And we are glad to say that a tumultuous year for both stocks and bonds, is now behind us.
Yet while we consider 2023 is likely to be better, it may not really seem that way for a while.
At least while the fight by central banks over inflation must continue and to do so without incurring a deep recession and roiling markets further. They must do that in the face of continued COVID-19 issues and resulting weakness in China, the relentless battle for Ukraine and the West versus Russia, a further breakdown in Crypto currencies and potential for a contagion, and a bitter divide in U.S. congress.
On the upside, market will look 12 – 18 months out and expect to see a light at the end of tunnel and likely improve significantly by the second half of the year.
Monthly Feature
All in the Family: A Primer on Gifting Property
Before you offer a gift there are many implications, including financial, tax, and legal that you should consider. Reviewing your options can help ensure the right type of gift is given and that it is shared appropriately to meet the goals of both the giver and the receiver.