The economic outlook is always cloudy. In the past 18 months, we have seen pundits predict a recession and yet it has not arrived despite the Federal Reserve having rapidly raised interest rates. Instead, the U. S. economy has generally hummed along, though it is showing signs of slowing.
Regardless of economic conditions, it’s important to keep portfolio thoughts simple. A portfolio should align with a client’s risk tolerance and return targets. Risk should be kept at a consistent level and…
