Summer 2023 Newsletter

Midpoint Check-in – The Eventful Ride Continues

The first half of 2023 is in the books.

What an eventful start to what was expected to be an eventful year. Coming off a treacherous 2022 for investors, where seemingly all asset classes suffered declines, 2023 was set-up for more trouble. Extreme political divide and a looming debt ceiling crisis was circled boldly in red on the calendar. As expected, the crisis was avoided with a last-minute deal. Surprisingly, the Market barely flinched during the whole process. What has yet to be addressed is the massive mountain of debt the government has accumulated, to the tune of $32 Trillion… and counting.

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