Wharton Wealth Planning, LLC, a New York-based independent fee-only fiduciary financial advisor, believes many areas in the fixed income markets are attractively priced and that it is likely not be the best idea to over-allocate to cash right now.
Key takeaways: Even after six straight weeks of gains, markets remained in holiday mode last week, with stocks marking their seventh week of positive returns.
The Fed was firmly in the driver's seat for the markets this week, with the stock market recoiling and interest rates moving higher as investors digested the prospects for more aggressive rate hikes ahead as part of the Fed's mission to bring down...