As we enter the fourth quarter of the year, now is a crucial time to reassess your financial strategies in light of recent economic developments. Michael Embrescia, our President and CEO at EmVision Capital Advisors, provides valuable insights into how these changes may impact your investments.

Watch Michael Embrescia's Q4 Market Update

A Changing Economic Landscape

For the past two years, high interest rates have been the norm as the Federal Reserve (Fed) worked to slow economic demand and reach its 2% inflation target. In a key development this September, the Fed lowered rates to support job growth, signaling a shift in economic conditions.

In the video above, Michael uses credit card spending to explain the impact of this move. As borrowing becomes more affordable, consumer spending increases, which boosts demand for goods and services and supports job growth across industries.

How This Affects Your Portfolio

Investors should review their portfolios as we head into Q4. Ensuring your cash positions are aligned with your long-term financial objectives is essential. Additionally, revisiting your asset allocation model is crucial to make sure your risk levels are appropriate for your goals.

While a slowing economy carries the risk of a recession, there is potential for healthy returns on stocks and bonds over the next 3 to 5 years. Taking the time now to reassess your investments can set you up for future success.

Stay Invested for Long-Term Success

The Fed’s recent rate cuts are a positive sign that we may be able to avoid a severe recession. Staying the course is important. Short-term market volatility is inevitable, but investors who remain committed to their strategies are more likely to see long-term rewards.

Our Commitment to You

At EmVision Capital Advisors, we deeply appreciate the trust you place in us. As we navigate the evolving economic environment, our team remains dedicated to helping you achieve your financial goals and providing the guidance you need in every market condition. Questions? Contact us today!

Johnathon Opet, CFP® is a financial advisor located at EmVision Capital Advisors, 251 W. Garfield Rd. ​Suite 155 Aurora, OH 44202. He offers securities and advisory services as an Investment Adviser Representative of Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. He can be reached at (330) 954-3770 or at info@emvisioncapital.com.