šŗ Mikeās family vacation reminds him how lucky he is to help encourage retirees to create new lifetime memories while helping them manage their retirement income and spending. After some family stories, he discusses how the economy is slowing as the fed raises rates, and why it feels odd the market isnāt responding. Obviously, he (and everyone) wants the economy and market to do well. He spotlights what the team is watching while actively managing portfolios. And with some economists predicting a recessionary period to hit this quarter or next, we hear from Mike if weāre already in a recession. Plus, he shares a tip to consider if youāre thinking of taking advantage of high-yield savings or money market accounts since interest rates are up.
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