We’ve received questions from some of our clients asking what a hike in the Fed rate means to them. As a result, we reached out to an investment strategist to see what they said. “This year’s expected series of rate hikes, the first since 2015, marks the beginning of Fed Policy normalization. But it also has increased market volatility and changed sector leadership so far this year.” This opinion is consistent with others’ views that this will likely mean more volatility and pressure in market valuations. If this is of concern to you, call us. We can tell you about other financial products available, where your retirement savings can be put without risking loss of principal if the market declines. (504) 655-9933
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Messina’s Wealth Management, LLC
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