Well, the first half of the year has shown us the various sensitivities of the market - volatility, geopolitical, economic and inflation factors notwithstanding.
Despite all this turbulence, a resilient economy, strong earnings, especially from the tech sector, and numerous dividend increases provided a solid base for growth as most of the major indices are at or near all time highs as the calendar turns to July. The latest inflation and weaker job markets information added fuel for interest rate cuts sooner rather than later yet we shall see how the Fed plays it over the next couple meetings.
Focusing on the best companies, in the dominant growth industries, with the solid earnings has continued to reward us with outstanding results. We remain committed to the long-term and staying the course through difficult and uncertain times as our portfolios are constantly reviewed and constructed for these times.
Thanks to all who were able to join us for our client appreciation event at the Kenosha Twilight Concert series. We always enjoy sponsoring and hosting events like this series to benefit our community and for your enjoyment as well. Special thanks to our incredible staff who did such a fine job of planning and hosting our clients and friends.
We are most grateful and blessed to say "Thank you" to all of you - our clients. We certainly appreciate your continued trust and we relish the opportunity to serve you along your wealth journey. Please let us know how we can be of assistance with any of your wealth, tax or estate planning needs.
All our best for a great summer!