Last week, fears over the US economy slowing more than initially thought took center focus as the major indexes experienced the worst single-day drop.
Recession risks climbing back onto radar of professional forecasters and for good reason. Data is pushing economists to reassess near-term outlook.
Fixed income has historically served as portfolio ballast—providing stability, predictable income, and downside protection during equity drawdowns.
Wealth advisors should take note of a cautionary tale emerging from Florida that underscores the importance of compliance oversight and ethics.