Welcome to 2 Question Tuesday. Phil and Mike discuss what it means for the markets and the economy now that the Fed has acknowledged inflation is not transitory. They also take a look at the strategy of tax loss harvesting and how that can improve portfolio efficiency. This week’s client submitted questions were:

1. What do you think about Powell saying “Time to Retire Transitory”?
2. What are some good planning strategies for year end?

Submit your questions to jmccarthy@focusedwealthmgmt.com

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