An economy in flux

Many issues still linger though, such as an increasing probability of a recession. One reason is the Federal Reserve Board’s indication to continue increasing interest rates to help curb in ation. We may also see corporate earnings begin to wane after holding up well last year. is could be due to higher costs of borrowing along with the labor shortage.

Consumers are tired. Tired of winter, tired of economic uncertainty and in ation. Business owners are drained from trying to nd workers, rising lease rates and higher cost of goods. Investors are weary of stock market declines and interest rate increases. e war in Ukraine continues. COVID seems to have reappeared. is is when people are most pessimistic. And that creates opportunity.

While everyone is crying in their soup, you could be taking advan- and trust. And when we can honestly and openly share with others what needs to change or be managed better, most times we will be seen as being helpful as again, none of us can x or manage what we do not know is broken or a problem in the rst place.

How about you? Do you feel safe and comfortable sharing with your boss, partner, co-worker or the manager of a store where you frequently shop what is broken or needs to be managed better or di erently? Or would you rather someone else take that responsibility? I would love to hear your story

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Turn To The Colorado Sun For News Across The State

The Colorado Sun is a journalist-owned, award-winning news outlet that strives to cover all of Colorado so that our state — our community — can better understand itself.

In this way, The Sun contributes to a more vibrant, informed and whole Colorado.

The Sun, launched in 2018, is committed to fact-based, in-depth and nonpartisan journalism. It covers everything from politics and culture to the outdoor industry and education. tage of bad news that puts your favorite stocks or sectors on sale. Greiner states that if there is a recession in 2023, “It will probably be a light, quick recession.” erefore, the rally days on the stock market indicate investors may be looking past a brief recession and trying to lock in some gains in the future. ere are other possibilities if there is not a recession. We could remain in the stag ation from last year, which could actually be worse, in my opinion. Stag ation is typically high in ation and low growth. is could drag out the effects of rising interest rates causing the Fed to need to ght in ation at gotonorton@gmail.com, and when we can be open to managing and xing what we know to be broken, it really will be a better than good life.

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Recessions are healthy for the economy, and they are what gives us the business cycle. Hitting the reset button to reprice goods and services and trim off excesses that are not sustainable is a good thing.

Michael Norton is an author, a even longer. e Fed could pull o a soft landing, where they pause interest rate hikes just in time to get the perfect combination of curbing in ation without halting too much growth. Most economists put this scenario at a very low probability. personal and professional coach, consultant, trainer, encourager and motivator of individuals and businesses, working with organizations and associations across multiple industries.

Prepare for some continued economic and market uctuations especially in the rst half of the year while the Fed is expected to continue hiking rates. If in ation continues to roll over, then we could see interest rates plateau and growth start to return.

We’ll see a year from now how 2023 turns out: stagnant, recessed or the perfect landing.

Patricia Kummer has been a certied nancial planner professional and a duciary for over 35 years and is managing director for Mariner Wealth Advisors.