Welcome to 2 Question Tuesday. This week’s client submitted questions were:

1. How High Do You See Interest Rates Going?
2. How Will New Inflation Reduction Act Affect the Stock Market?

Phil, Mike, and Larry break down if the U.S. is really in a recession and how much higher the Federal Reserve will continue to raise interest rates. They then look at the new Inflation Reduction Act passed by the Senate last weekend, which contains corporate tax hikes and climate change laws, and discuss how it will affect the stock market.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.