Q1 2023 Financial Market Update

In this quarterly update video, Brad Connors shares his thoughts on the 1st quarter market activity. The market had positive momentum, with stocks and bonds bouncing back. He discusses the possibility of the FED raising interest rates and the potential break it could cause, which happened with Silicon Valley Bank. Brad believes that the breakage helps the Fed pause raising the interest rates. Looking out into the future, Brad feels that an increase in manufacturing on the home front may help to stabilize the market during the second half of the year.

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Disclosures:

The Standard & Poor’s 500 Index is a capitalization weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.

Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise. Bonds are subject to availability, change in price, call features and credit risk.