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COVID Economic Update: Fed Chairman Says Recovery Will Take Years

COVID Economic Update: Fed Chairman Says Recovery Will Take Years

by CreativeOne | Oct 1, 2020 | Uncategorized

On Wednesday, September 16, Federal Reserve Chairman Jerome Powell offered his assessment of the economic recovery. The press conference offered some positive news, but also a sobering prediction that a full economic recovery will take years.1 The good news is that...
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Licensed Insurance Professional.  We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. This material has been prepared for informational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. We are not affiliated with any government agency.   Investing involves risk, including the loss of principal.  No Investment strategy can guarantee a profit or protect against loss in a period of declining values.  Any references to protection benefits or lifetime income generally refer to fixed insurance products, never securities or investment products.  Insurance and annuity products are backed by the financial strength and claims-paying ability of the issuing insurance company. By contacting us, downloading booklets, or attending events, you may be offered a meeting to discuss how our insurance and other services can meet your retirement needs. I am licensed to offer insurance products only and do not provide investment, legal, or tax advice. Any discussion of retirement account rollovers is strictly limited to insurance-based options such as annuities. I do not provide recommendations regarding the sale or purchase of securities, nor do I offer investment management services. Clients should consult a properly licensed financial professional before making decisions involving securities or investments.