Unchartered Waters

  • By: Joseph R. Tranchini, CFA, CFP®
  • October 2023





[See Below for Disclosures & Annotations]


Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

The companies presented here are for illustrative purposes only and are not to be viewed as an investment recommendation.

Tax laws and regulations are complex and subject to change, which can materially impact investment results. LPL Financial does not provide tax advice. Clients should consult with their personal tax advisors regarding the tax consequences of investing.



  1. The Federal Reserve. “Transcript of Chair Powell’s Press Conference”. September 20, 2023
  2. NPR. “4 takeaways from the historic ousting of House Speaker Kevin McCarthy”. October 4, 2023
  3. The White House. “President Biden Announces an Additional $9 Billion in Student Debt Relief for 125,000 Americans”. October 4, 2023
  4. Reuters. “UAW and Ford Motor make progress in labor negotiations”. October 5, 2023