2023 Q2 Quarterly Outlook

Click here to read the full Edge Capital Q2 2023 Outlook.

Are We There Yet?

The Federal Reserve has raised short term interest rates nearly 500 bps over the last year and many investors are wondering if we’re finally reaching the end of the hiking cycle. The market keeps trying to anticipate the end, and the Fed keeps pushing back with both action and rhetoric. Now after March’s banking crises many market participants are asking, “are we there yet?” in hopes that the Fed may be done, and that inflation is finally under control. Whether or not the Fed is finished can greatly impact where markets head for the balance of the year. Here we try to make some sense of where we’re heading based on whether or not we’re there yet.

If you have questions do not hesitate to reach out to your Edge advisor.

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SCS Financial, Focus Partners Family Office and OCIO, is a leading wealth and investment management firm that focuses on ultra-high-net-worth individuals, families, and institutions. SCS offers fee-only advice designed to put client interests first and help wealthy families and institutions feel secure and confident in their financial futures. Priding itself on its steadfast client-focused approach, SCS believes all clients benefit from its integrity in helping them pursue their personal objectives. SCS provides an integrated approach to family office and investment management, encompassing critical areas across financial planning, multi-asset class portfolio management and private investments, and a powerful technology platform. SCS manages over $32 billion in assets, measured as of September 30, 2024, and is a dedicated Family Office & Outsourced Chief Investment Officer (OCIO) business line of Focus Financial Partners. SCS is headquartered in Boston, and with the addition of Edge Capital, further expands its nationwide presences holding additional offices in Atlanta, Charlotte, Dallas, Lexington, Los Angeles, Nashville, New York, Providence, Tampa, and West Palm Beach.

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