Terry Sawchuck is the Founder Sawchuk Wealth.
Long-term rates are likely to rise, which is different than what many people are suggesting right now. Fed probably raises rates at least one more time this year. Oil is now up to $87 barrel and likely headed higher. “Brics” looking to establish trade with each other in something outside of the US dollar is not about undermining the US dollar as worlds reserve currency, but rather a rebuke of US foreign policy in using money as a weapon. Jobs were revised down significantly, which changes the actual employment picture. Hearing lots of chatter on mask mandates, lockdowns etc. coming soon. AIR BNB rentals are slashing rates and will probably push housing prices down in key areas like Austin, Scottsdale, Orlando etc.