As we approach the close of the first quarter of 2025, uncertainty around the economy continues to grow. Market turbulence and recession fears have many rethinking their financial strategies.
Market Volatility & Trade Policy Impact
Over the past several weeks, U.S. markets have seen a bumpy ride. Concerns over recent trade policies have sparked fears of slowing economic growth and higher inflation.
Recession Talk
Indicators such as rising consumer debt and declining confidence have sparked talk of a potential recession. While it’s too soon to determine if we’re headed for one, being financially prepared for any possibility is always a prudent step.
Federal Reserve Focus
All of these factors – inflationary pressures, slowing growth fueled by global trade disruptions, and the threat of a coming recession, were front and center in the Federal Reserve meeting today. They held rates steady at 4.25% – 4.50% as futures markets expected.
If you’ve been following our commentary over the last several weeks, these should come as no surprise – but if you’ve been following our commentary, you should also know what we can do for you to ensure that you’re protected:
- We can make sure you have a pension program to produce lifetime income that doesn’t rely on the stock market
- We can make sure that you have Monthly Cashflow investments that pay income without requiring you to sell into a down market
- We can make sure you get a great interest rate on your cash and savings accounts
- We can make sure that you aren’t taking more risk with your growth assets than you’re comfortable with
And of course,
- We can make sure you don’t waste your money overpaying your taxes! (Speaking of that, the filing deadline in South Carolina for income taxes was moved to May 1st.2 If you haven’t started your personal or business return, let us know – there’s still time to get them in!)
If you’re at all worried about the markets, trade policy, taxes, or anything else, give our office a call. Remember, if you listen to us, we will change your financial world!
1 CNN. “Dow falls by almost 900 points in market rout after Trump says he won’t rule out a recession.” CNN Business, March 10, 2025. https://edition.cnn.com/2025/03/10/investing/us-stocks-drop-after-trump-says-he-wont-rule-out-a-recession/index.html. Accessed March 19, 2025.
2 SC Department of Revenue. “Emergencies.” https://dor.sc.gov/emergencies. Accessed March 19, 2025.
