Terry Sawchuk is the Founder Sawchuk Wealth.
Expecting a big slowdown late 4th quarter into 2022. Markets likely to push higher for next few weeks, but many factors showing it turns. Looming higher tax rate s next year. Higher oil prices. Supply disruptions, lack of employees, maybe biggest issue I think, stimulus has effectively ended, which will likely reduce demand. Time to focus on risk management and begin to pare back equity exposure. Bond yields haven’t been rising like you would expect, further signaling the markets don’t expect the sugar high to continue.