July 2023 Mid-Year Update

In this episode of "Nurturing Financial Freedom,"  Alex Cabot and Ed Lambert of Birch Run Financial discuss the first half of 2023 and its impact on the economy and markets. Ed highlights the resilience of the economy despite interest rate hikes and the unexpected outperformance of growth stocks, particularly in the technology sector. What does this mean moving forward? Alex emphasizes the importance of diversification and caution against relying on predictions and forecasts. We stress the need for a well-designed plan and asset allocation that can weather any market conditions.All data in today's episode are courtesy of YCharts.At Birch Run Financial, we believe in a time-tested, diversified, long-term approach.  Alex, Ed, and their team are always happy to have a conversation about your investment questions, whether you're a client or not.You can always email Alex and Ed at info@birchrunfinancial.com or give them a call at 484-395-2190.Or visit them on the web at https://www.birchrunfinancial.com/Alex and Ed's Book: Mastering The Money Mind: https://www.amazon.com/Masteri....ng-Money-Mind-Thinki