by Credent Wealth Management | Aug 8, 2023
Overview The economic backdrop thus far in 2023 has proven more resilient than expected. This is especially true as the consensus largely predicted that the U.S. economy would enter a recession heading into 2023 amidst a tightening monetary policy backdrop designed to...
by Credent Wealth Management | Jul 11, 2023
Positioning and Outlook We remain constructive on global equity markets and favor such exposure relative to bonds. While the U.S. economy is likely to experience a mild-to-normal recession in 2024, the notion of which has been highly anticipated within equity...
by Credent Wealth Management | Jun 13, 2023
With the Fiscal Responsibility Act of 2023 signed into law, the debt ceiling issue has been resolved until early 2025. Within days of the June 5th X date (the date at which the federal debt limit would be exhausted), Congress passed legislation to temporarily suspend...
by Credent Wealth Management | May 16, 2023
Overview The U.S. government hit its $31.4 trillion debt limit on January 19, 2023. Since then, the Department of the Treasury has been using extraordinary measures to pay its obligations. In early May, Treasury Secretary Janet Yellen told U.S. lawmakers that her...
by Credent Wealth Management | Apr 11, 2023
Positioning and Outlook We remain constructive on global equity markets and favor such exposure relative to bonds. While the U.S. economy is likely to experience a mild-to-normal recession in 2024, the notion of which has been highly anticipated within equity markets,...
by Credent Wealth Management | Mar 28, 2023
Chart Content Number of United States bank failures during former Federal Reserve Chair Paul Volcker’s term. Chart Significance Given inflation’s sharp and persistent rise since the COVID-19 pandemic, the media has continuously compared current Federal Reserve...
