Beyond the Bell

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Being a Financial Athlete: Applying an Olympic Mindset to Help Reach Your Financial Goals

The Olympic Games gathers attention from around the world and billions of eyes turn their attention to one stage where the top athletes compete for the title of being the best. These athletes are committed to improving every part of themselves and their routine to ensure victory. But not everyone can be the greatest athlete of all time, some of us just need to find a way to save for the next vacation or pay off student loans. Many people feel anxiety about their financial situation but there might be something to learn from these athletes who rise to the top. Their mindset shapes how they live and compete. They have clear goals, are disciplined in their approach, are open to learning, are ready to overcome setbacks, and know how to reward themselves for victory. Just as Olympians train for years to compete at the highest level, you too must prepare and make a holistic plan with the hope of achieving financial success because each pillar of an athlete’s mindset can also be applied to your financial strategy.

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Market Outlook Summer 2024

In our 2024 outlook that we distributed in January, we wrote about what we thought would be the most important factors hat would impact investments in 2024, including: (1) Will inflation continue to fall as expected towards theFed’s 2% target?(2) Will there be a recession?At the halfway point of 2024, we update our inflation and economic outlook based on new information and assumptions.

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