September 2022 newsletter

• July and August CPI have confirmed that the inflation problem is not going away. The question on everyone’s mind now is when will interest rates stop moving to the upside, which also seems to be an indefinite trend.
• With the continuing rise in interest rates, expanding costs, and the shortage of labor due to COVID and its aftermath, there is a question of the role that robots and artificial intelligence will play. It’s possible their role in society will increase at a higher speed given the rate at which humans and their jobs are eliminated.
• With the midterm elections looming, factions are playing a large role in the political polarization of America. This is a leading factor in the plight of geopolitical instability which may worsen an already volatile market.

Disclosure:
The opinions voiced in this material are for general information only and are not intended to
provide specific advice or recommendations for any individual. All performance referenced is
historical and is no guarantee of future results.