16 Aug

Stubbornly high inflation has prompted the U. S. Federal Reserve (Fed) to raise interest rates at the fastest pace in decades.

Credit and interest rate markets are working to adjust their expectations for Fed action and the impact of monetary policy on future economic growth.

We expect rate and market volatility to persist. We have built diversification into our portfolios and will look to take advantage of opportunities as we see fit.

As always, we have your best interests at heart!

Kent C. Newhart, President

Michael P. Boyko

Michael P. Boyko, Senior Account Executive