2 Question Tuesday – 09/10/2024 – Do You Anticipate Another Correction Or Worse This Month? How Are You Preparing Client Portfolios In Anticipation Of Interest Rate Cuts?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Do you anticipate another correction or worse this month?
- How are you preparing client portfolios in anticipation of interest rate cuts?
Phil, Mike, and Larry discuss last week’s drop in the stock market, which was the worst on the S&P 500 since March 2023, and whether there will be another correction in September. They then talk about what Focused Wealth Management is doing to prepare client portfolios in anticipation of the Federal Reserve cutting interest rate soon.
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.