Several indicators are flashing concerns of global economic recession and more specifically recession within the U.S. ahead of Wednesday’s June CPI report.
May was yet another month in a long trend of volatility, but as prices dipped, corporate executives bought into their own companies at unprecedented rates.
This year has been a difficult one for advisors as market volatility, soaring inflation, rising interest rates, global supply chain issues, and the ongoing pandemic have all taken their toll on portfolios.
Markets continue to bleed as investors digest news of continued high inflation with both consumer and core for April coming in higher than expectations.