With a portfolio that is concentrated in the United States, it is important to understand the economic backdrop in the country. Referring to the resources below, do you think the U.S. economy is supportive of a fixed-income portfolio? Why or why not?

https://www.imf.org/en/Publications/WEO/Issues/2022/07/26/world-economic-outlook-update-july-2022

https://www.oecd.org/economic-outlook/ https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm