• 0:16 – Fed increases the short-term interest rate
• 1:20 – Quarterly GDP negative two quarters in a row and recession talk
• 2:04 – Consumer Sentiment along with S&P 500 performance
• 3:02 – stock indexes and their performance
• 4:14 – RB thoughts and what you can do now
• 5:12 – new RB solution for clients – be on the lookout

Or check out the Closed Captions here!

Sources:

https://pbs.twimg.com/media/FX2XqOxaQAAPeiF?format=jpg&name=large

YCharts

https://www.bea.gov/news/2022/gross-domestic-product-second-quarter-2022-advance-estimate

https://www.cnbc.com/2022/07/27/fed-decision-july-2022-.html

The commentary in this video reflects the personal opinions, viewpoints and analyses of Richmond Brothers employees, and should not be regarded as advisory services provided by Richmond Brothers, and are subject to change at any time without notice. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Past performance is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Richmond Brothers, Inc. does not provide tax advice.