“People don’t know what to do. They’re frozen,” said Jimmy Becker, a financial planner from Waltham who founded the company Financially Speaking. Becker said he doesn’t sense panic among his clients, but he has seen plenty of “anxiety or discomfort with no sense of what to do.” This week’s roller-coaster ride on the stock market…
Investors fear that the tariffs will cause inflation to accelerate and economic growth to slow. Financial advisors urge caution, noting that many of the effects are yet to be seen. “Right now, there are so many questions,” Catherine Valega, a wealth manager at Burlington-based Green Bee Advisory. “We’re talking about US exceptionalism — is that…
For Rhode Island, the advent of a rate cut comes at a time when the unemployment rate has gone up while the labor market is seeing fewer jobs available for workers. Meanwhile, the housing market has registered record prices for homes amid elevated mortgage rates and limited supply of homes in the market. Get Rhode…