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All Is Well For Now

Hello, and welcome to our Market Alert video for today, which is the last day of March trading day of March. And leading into the Easter weekend, I want to wish everyone a Happy Easter. And, boy, what a quarter we have had, this has been an amazing run, I hope everybody is going to look at their statements and get a big smile on their face. I know I am going to I invest right along with you, we I invest exactly the same way as you do. We believe in eating our own cooking. And so we experienced the ups and downs right along with you. And so I’m smiling, I already know what it looks like. So you can go look, and hopefully, you’ll feel the same way. Not much to report other than that our view of the where the Fed is going seems to be materializing more and more every day just been some more talk from Federal Reserve officials. And they have confirmed that June is starting to look like no, that’s not going to be the time when they have the first cut, which is what we’ve been saying. We’ve been saying that July would be the earliest. But now it’s starting to look like even July might be too soon it might be September. So this whole thing about when is the Fed going to lower interest rates is top of mind for a lot of people. But if you look at what the stock market is doing, it kind of is saying, you know, well, I don’t really care. You know, as we described in previous communications with you, the focus now seems to be less on whether the Fed’s going to lower interest rates or not whether inflation is going to come down or not, but more on profits. And we did get some very positive numbers today on consumer confidence. It remains high despite all this inflation and everything else that’s happening. And as long as the consumer is happy, and they spend, profits should be good. And that should sustain the stock market. And then of course, if the economy is in solid shape, then that also is good for the Fed. And all around good news, right. So we continue to see really no dark clouds on the horizon. At this point, it’s blue skies and sunshine. But as we all know, the weather can change very rapidly. And in the blink of an eye, especially if you live in Texas, or Colorado or other places where you know, if you don’t like the weather right now, wait a minute, and the stock market is seems to be the same way. So that’s why we have our sell strategy, our Invest and Protect Strategy ready. We don’t think we’re going to be using it this year, because we think the market is going to continue to rally, we are expecting a correction in the second half of this year and a correction of course is when the stock market goes down more than 10% but less than 20%. It’s normal, on average, over the last 50 years, we’ve had one correction every year, sometimes even two. They’re attention getting there scary, but we play through them and it recovers quickly. And then we forget all about them. And so we’re anticipating that given this kind of a rally that we’ve had, that it’s possible that we could have one here in the second half. But it’ll be a buying opportunity in our view. There’s there’s nothing that we see right now to worry us. But again, we do have our sell strategy if it does turn into a big bad bear market because we want to protect you. That’s what we do. We want your money to last as long as you do we want you to be a SCWPer, we want you to go and enjoy your second childhood without parental supervision. Let us worry about all this and you have peace of mind. So hopefully all of that is happening for you. And thank you for watching those of you in SCWPer Nation. Enjoy, enjoy, enjoy, and those of you who are not yet in SCWPer Nation, our job is to get you there. We want you to retire the way you want to. And then to go out and enjoy that second childhood. So thanks for watching this video. Share it with as many of your friends, associates, please send them our way. You know, the more people we can help, the better. It’s we feel it’s karma. The more people we help the more people we think we will be helped in the process. So thanks for watching and we’ll talk soon.

Please note: transcript has been modified after the time of recording. 

Economic indicators and stock market performance cannot be predicted. Opinions expressed regarding the economy and the stock market belong solely to Ken Moraif on behalf of Retirement Planners of America and may not accurately portray actual future performance of the economy or stock market outcomes. Opinions expressed in this video is intended to be for informational purposes only and is not intended to be used as investment advice for individuals who are not clients of Retirement Planners of America. All content provided is the opinion of Ken Moraif, CEO and Founder of RPOA Advisors, Inc. (d/b/a Retirement Planners of America ) (“Retirement Planners of America”, “RPOA”). ©Copyright 2023