Inflation! Recession! Market Volatility! OH MY! How do we handle scary economic news?

September 9, 2022

BY: Andrea Hamilton, Rachel Elson, and Mary Ballin

The news – coming at us from every channel, broadcast, blog, or tweet – can sound scary and grim. Inflation, potential recession, rapidly rising interest rates, the wildly gyrating stock market… It’s enough to make us want to tune out the news completely or throw our investment statements in the shredder unopened.

How can we better handle the scary headlines?

Let’s take the fear out of the terminology and learn more about what this all actually means. What is the Federal Reserve trying to do by raising interest rates? How does all this affect us? You’d never know it to listen to the nightly news, but recession is a normal part of the economic cycle – repeat, cycle – with reoccurring peaks and valleys.

Join us for a conversation where we can share our concerns and coping strategies for these seemingly scary times and shed some light on the economy and markets.

When: Wednesday, September 14, 4:00 – 5:30 p.m. PDT
Where: Zoom – we’ll send a conference link the week of the circle
RSVP: conversationcircles@perigonwealth.com

Our Women’s Circle cultivates a safe, supportive environment. This is a conversation, not a seminar. Everyone in the group will have an equal opportunity to speak, to share their own experiences, to listen to what others are saying, and to learn from the group. The circles are not lectures – no one will be telling you what to do. There are no “should” statements, or judgments. We will all learn from the conversations, taking what we need while leaving what we don’t.

Please be prompt. Latecomers are a distraction, so the Zoom room will close to new participants at 4:05. We promise to be done at 5:30 pm PT.

Please feel free to share with other female friends, colleagues or family members who would be interested in joining this group.

Circle space is limited to keep the circles intimate, and to let everyone who wants to participate have the time to do so.

Written by Andrea Hamilton

Latest Insights

Last Week in Review – September 16, 2022

Last week, stocks fell sharply as inflation fears intensified and short-term bond yields reached levels last seen in 2007. The S&P 500 Index recorded its most significant weekly drop since mid-June and hit its lowest point on an intraday basis since mid-July. Growth stocks fared worst, with the technology-heavy Nasdaq Composite falling nearly 5.5%. Communication services and information technology shares led the declines within the S&P 500 as Google parent Alphabet and Facebook parent Meta Platforms hit new 52-week lows. Industrials and materials shares were also fragile.

Global Market Commentary August 2022

Global Equities sunk 3.68%% in August on fears of more aggressive interest rate hikes by central banks in their fight against soaring global inflation. The MSCI All-Country World Index is off 17.75% YTD, its worst eight-month start to a year since its inception. Global bonds were unable to provide reprieve, as the Bloomberg US Aggregate Bond and International Bond indexes fell 2.83% and 3.46% respectively this month and they too are off to their worst start in their index histories with YTD returns of negative 10.75% and 10.21% respectively.