Q2 2023 Market Commentary
Squire Wealth Advisors 10-minute take on what happened in the markets in the second quarter of 2023.
Squire Wealth Advisors 10-minute take on what happened in the markets in the second quarter of 2023.
The first half of the year has given investors plenty to process—from banking turmoil to a morphing yield curve to the debt ceiling debate. Those with diversified portfolios of equities and fixed income were in a good position to benefit from both assets’ advances at the year’s midway point, a welcome turn from last year’s broad declines.
The first half of the year has given investors plenty to process—from banking turmoil to the debt ceiling debate. Nevertheless, those with diversified portfolios of equities and fixed income were in a good position to benefit from both asset classes’ advances at the year’s midway point, a welcome turn from last year’s broad declines.
The market, with its immense power, ensures that stock and bond prices accurately reflect their current value. As of now, there is no indication that AI will significantly impact the way people perceive stock prices in the near future.
The end of a long bear market is a good opportunity to remind investors that history supports an expectation of positive returns over the long term. Sticking with your plan and remaining in the market may help put you in the best position to capture the recovery following market downturns.
By being proactive and intentional in managing lifestyle creep, you can avoid financial hardships during retirement. Implement these 4 practical strategies to gain control over your expenses and pave the way towards achieving financial stability and comfort.