DOUBLE-DOWN

“Be fearful when others are greedy and greedy when others are fearful.” – Warren Buffet

As expected, the feds delivered a 75bps rate hike on Wednesday and trading is choppy with stocks and bonds moving sharply lower. The message is that they are going to keep hiking rates until inflation truly comes down. This is going to be a long slog and businesses are going to suffer, however, with this economic shift will come opportunity. When that opportunity comes focus on quality as it always reaps long-term dividends. We are staying hyper-localized in our focus as life always goes on regardless of the noise. So does real estate advisory and transactions and wealth is built in difficult markets if you are paying attention to the right details. Double-down on the fact that there is opportunity in every market and while others play the music and chime in with the chorus, I plan to compose my own original score and keep making the magic happen!