More Americans are retiring earlier than previous generations. According to a survey by the Federal Reserve Bank, their odds of retiring before age 62 rose to roughly 50% in July 2021, partly due to the pandemic.

An eventful first quarter wrapped up last week. In today’s blog, we make seven market observations from first quarter performance and share our thoughts on what these performance trends could mean for our outlook.

The last several years have been undeniably rocky, from political turmoil to navigating a global pandemic and its subsequent ramifications. Predictions for 2023 show we’re not quite out of the woods just yet.

Equity markets have been rallying since mid-June, strengthening through mid-August (the time of this writing). Driving the rebound is a solid corporate earnings season – better than expected – and somewhat cooler inflation.

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