For many of us, the reason for saving today is to support future spending. Whether that be a retirement home, our children’s college education, or for philanthropic reasons, the money saved today will likely buy less in the future as the prices of goods and services increase over time. This erosion of purchasing power, also known as inflation, is a crucial consideration for prudent investors.
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The stock markets seem to be doing a little better, but I’m still hearing talk about a recession. Should I be worried?
Equity markets have seen a much-welcomed reprieve recently with broad US, International, and Emerging Market indices up 11.6%, 15.3% and 6.9% QTD through 11/11/20221. However,
January 10, 2023
