We've seen much in the news this year about tariffs and interest rates. In regard to interest rates, the news has centered around the Federal Reserve increasing their benchmark rate and effect it's having on the yield curve. For those that don't know, the yield curve simply charts out the yields on different maturities of Treasury securities. The fear is that if short-term rates rise above long-term rates, we'll have an inverted yield curve which has accurately predicted recessions in the past. However, there are many variables to take into consideration.
That's just a simple overview. Check out this explanation for more. Because no one truly knows what will happen, staying diversified and sticking to your plan is the best course of action to take. Contact me today to see if you are adequately diversified, develop a plan if you don't have one, or get a second opinion on your plan.