Herbein is pleased to share the November Market Outlook, prepared by Herbein Financial Group investment advisor Matt Kline. As the 2024 election approaches, this market update offers insights on economic factors influencing US household sentiment. Key takeaways include:
Inflation Dynamics: Prices have risen due to supply chain challenges, increased demand, and geopolitical tensions.
Household Budget Pressures: Essential expenses, such as food and energy, have risen faster than household incomes since the pandemic.
Misery Index Improvements: A combined measure of inflation and unemployment has improved since its pandemic peak, though concerns over living costs persist.
For a deeper understanding of these insights and how they can be leveraged for your financial success in 2024, download the full report today. Click here to learn more about Herbein Financial Group.
Article contributed by Matt Kline.
Disclaimer: Information presented should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change.
Information provided is general in nature and does not constitute personalized investment advice. A professional adviser should be consulted before implementing any investment decisions. Any tax and estate planning information provided is general in nature and should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.
Herbein Financial Group is registered as an investment advisor with the U.S. Securities and Exchange Commission and is notice filed in such states where required. Herbein Financial Group only transacts business in states where it is properly notice filed or is excluded or exempted from registration or notice filing requirements. Registration as an investment advisor does not constitute an endorsement of the firm by the securities regulators and does not mean the advisor has attained any level of skill or ability
