Interest Rate Outlook – November 2022
In early November, the Fed raised interest rates by 75 bps, marking the sixth rate hike since March 17th, 2022, and four consecutive .75 bps increases. This puts the Fed Funds rate (the short-term rate guiding overnight lending) up to a range of 3.75% to 4.00%, pushing borrowing costs to a new high since 2008. […]
Six Financial Best Practices for Year-End 2022
To say the least, there’s been plenty of political, financial, and economic activity this year—from rising interest rates to elevated inflation, to ongoing market turmoil. How will all the excitement translate into annual performance in our investment portfolios? Markets often deliver their best returns just when we’re most discouraged. So, who knows! While we wait […]
Rockbridge Institutional – October 2022 Market Review
MARKET COMMENTARY Stocks Except for emerging markets, stocks were up in October. Domestic markets led the way – large cap (S&P 500) up 9%; small cap (Russell 2000) up 11%. International developed markets (EAFE Index) were up 5%, while emerging markets (MSCI Index) were off 3% due to sharply negative results in China. While uncertainty […]