We’ve received questions from some of our readers asking what a hike in the Fed rate means to them, and so we reached out to an investment strategist to see what was being said. “This year’s expected series of rate hikes, the first since 2015, marks the beginning of Fed Policy normalization. But it also has increased market volatility and changed sector leadership so far this year.” This opinion is consistent with other’s view that this will likely mean more volatility and pressure in market valuations. If this is of concern to you, call us and we can tell you about other financial products available where savings can be put without risk of loss to the principle if the market declines. We’re always here to help.
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This commentary was created by a third-party for the Agent’s use. NTM 08-27.