We hope you all have settled into your post summer routines and, if you’re here in California, you have managed to stay cool during the last few weeks. Recently, the weather seems to have turned a bit, and we are looking forward to the fall season along with the crisp air that it may bring! Find 30 days of Fall Activities below!
The PWM Investment Committee continues to monitor the markets, rate changes and economic activity and are happy to share our outlook if you should have any specific questions. Last week, the Feds raised rates by .75 basis points (bps) and signaled expectations for continued hikes ahead. The Feds’ message: Inflation will continue to be a battle for the remainder of this year through 2023. Below is an article that we feel nicely describes some of the ways we work to protect your portfolio from rising inflation.
Also note below, the invitation to our Market & Wine series event. We will be discussing the midterm election’s potential outcomes and the possible impact that these changes could have on the economy. We will also discuss where we continue to see investment potential. We hope to see you there!
A Special Note:
Our heartfelt thoughts and prayers go out to all those impacted by Hurricane Ian.
T. ROWE PRICE INSIGHTS ON RETIREMENT
4 Steps to Preserve the Purchasing Power of Your Portfolio:
- High inflation can create challenges for retirees.
- An effective retirement income strategy should take inflation into account.
- Keeping a portion of your portfolio invested in stocks can help offset the effects of inflation.
LEARN MORE
You're Invited to our Market & Wine Series on October 4th
Join us for an informative virtual happy hour featuring our keynote speaker, Daniel Melehan from Alliance Bernstein (AB).
Tuesday, October 4th
Lines open at 5:45pm PT
Presentation starts at 6pm PT
Use the button below to register for the event.
The link to attend will be provided after you register.
REGISTER HERE
via Hannah Morreale, Operations Specialist & Digital Concierge
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OC Fair and Events Center
This past weekend, Mark & Bonnie Larsen attended the 23rd Annual Crusin’ for a Cure car show at the Orange County Fairgrounds. This charity event is held to raise the awareness of prostate cancer and to raise funds to help with the research to cure it. Mark and Bonnie were so pleasantly surprised to meet up with a few other car crazy Purus family members at the event.
