August 2022

A note from Joel: I hope that you’ve all been enjoying your summer and are looking forward to the fall season. As summer begins to wind down, we are looking forward to getting back into a routine with the kids in school and consistent activities to keep them busy!  

As always, I am committed to providing you with an exemplary wealth management experience. I welcome your thoughts and proactive reach outs, and look forward to continually helping you reach your unique financial goals.

Kindly,

Now available: Orion platform The Client Login page of our website now includes a link to the Orion platform, where you can access and maintain your portfolio activity dating back to when we began working together at Certus Wealth Management. Contact us to obtain your login credentials. You can also download the Orion Mobile app via the App Store or Google Play. The Schwab login remains available for you to view your Schwab account history, statements, and documents. 

Insights: jobs, recession, and interest rates.

Some recent economic factors indicate that the economy continues to grow and that we are not currently in a recession:

• The most recently released jobs report shows that the economy added 528k jobs in July, more than twice the amount that analysts expected.  
• New applications for unemployment benefits dropped to 250k, which was below expectations. 
• Industrial production came in stronger than anticipated.

Inflation may have peaked, but it is still too early to tell. There are some items to keep our eyes on… 

• The housing market continues to cool with new housing numbers coming in lower than anticipated.  
• It’s likely that the Fed will increase rates, the question being – by how much? The jobs report, along with one more employment print and two consumer-price index readouts, will influence whether the Fed will continue to raise interest rates by 75 basis points when it meets in September, as it did in June and July. 

At Certus, we are committed to helping clients develop and implement investment plans, while considering applicable economic factors, so they can reach their financial objectives.

Did you know? Staying the course amid market volatility historically shows positive returns over the long term. Considering a number of growth scares and bear markets since 1987 (including Black Monday, the Tech Bubble, and COVID-19 Sell-Off), decline periods are generally followed by positive returns over the next 12 months.

We are here for you. Partnering with you to help you reach your financial goals is our top priority. If you’d like to discuss your unique goals in more detail, please contact us.

Financial Advice is offered through Certus Wealth Management LLC, a Registered Investment Adviser. 
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