GDP

What is a Recession and What Does It Mean for Markets?
Team SummitEmployee Financial Resource Center, Employee Outcomes, Employer Resource Center, Financial Planning, Investment Management, Plan Investments, Retirement PlanningComments are off for this post
As the seasons change and the days get chillier, market trends are calling “doom and gloom” in the economy. Some argue that a recession is inevitable if not already here. What exactly does this mean and what should Americans do if, in fact, we are in a recession? What is a recession? Is the U.S.  Read More →
Economic Update & Key Reminders
Team SummitEmployee Financial Resource Center, Financial Planning, Investment Management, Retirement PlanningComments are off for this post
What’s happening with the markets? This is always a loaded question, and it’s never just one factor. Thus, let’s focus on what we believe are the primary factors, and those are inflation and rising interest rates. As we all know by now, prices for just about everything have skyrocketed – up about 8.6%, on average,  Read More →

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