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From: "Scott Durrett" <scott.durrett@afs.ameriprise.com>
To: <danny@sterlingcal.com>
Subject: Recession in 2023? Our chief economist weighs in
Date: Tue, 20 Dec 2022 08:19:45 -0600
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Ameriprise
 

 
 

 
 Dalton and Associates
 
  
 

December 2022

 Prepared for: Danny Groina

Market update 

Recession forecast: Answering your pressing questions

Are we currently in a recession? What are the chances of one in 2023? What might a potential downturn look like? Chief Economist Russell Price tackles these questions and more.

http://click.afs.ameriprise.com/?qs=7a620acd9eb96b78b9b23632fac61e08581a316e5d75959d645da52d4c7352461b67a26f2e2e6d4828eb2d5f4662099af241e435a6f69adafc3a86883636dbbf 
Get the answers
   

Reflections on the 2022 stock market (and key considerations for 2023)

Chief Market Strategist Anthony Saglimbene shares his key takeaways from a challenging year, as well as investor considerations for 2023.

http://click.afs.ameriprise.com/?qs=7a620acd9eb96b78b279802af62f3fa92b1248b09aec963e56de1d9399e97e7d238cab0dbfd738538fec7b6f14ecbceaaa750d72fb9f608b6ad572151fb9a439 
Read the insights
  

Fixed income is back &mdash; Goodbye TINA, Hello TARA

The end is here for TINA, an investor rallying cry that stands for <q>There Is No Alternative</q> to stocks. Find out why investors are returning to fixed income and embracing a new motto: TARA.

http://click.afs.ameriprise.com/?qs=7a620acd9eb96b7807bc7f9a371b498f10b19941663afcfed99515776556f3dc06ecb5314e93ed0b5f45107878a992fa33a2005a1ff9d73dc5ecfa8a3154c65d 
Learn more

  
 

How investors can <i>benefit from higher interest rates</i>

http://click.afs.ameriprise.com/?qs=7a620acd9eb96b78c5738d7817bd129be0cec538d9757c0437da37101f344621c8dcff0bba667121ec34453ff75682bc0798f53936affaee9346e90c3bb7fe00 
  

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Watch the video 





 
 

 

  
 Connect with me

  
  
 
 Scott Durrett 
  Financial Advisor 
  Associate Vice President 
  Dalton and Associates
  A private wealth advisory practice of Ameriprise Financial Services, LLC 
      
 
  
 562.308.4526562 


  

 
mailto:scott.durrett@ampf.com 

  
mailto:scott.durrett@ampf.com 
Email me  


  

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Visit my site 


  

  
 
  
 
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 Scott Durrett

 Financial Advisor

  Associate Vice President

   Dalton and Associates

  A private wealth advisory practice of Ameriprise Financial Services, LLC 

  

    2029 Century Park E Ste 2550

  Los Angeles, California 90067-2936

 

  

  Office Phone: 562.308.4526562

   Email: scott.durrett@ampf.com

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table { border-spacing: 0; font-family: sans-serif; color: #4d4e53; }
td { padding: 0; }
img { border: 0; }
/* outlook visited link state */
span.MsoHyperlink { mso-style-priority:99; color:inherit; text-decoration: inherit; }
span.MsoHyperlinkFollowed { mso-style-priority:99; color:inherit; text-decoration: inherit; }
/* end outlook visited link state */
.wrapper { width: 100%; table-layout: fixed; -webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%; }
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            height: auto; }
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            display:inline-block;
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.multi-column-align-middle .column { width: 100%; max-width: 620px;  /* set to width at which you'd like the column to scale to 100% */
            display:inline-block;vertical-align: middle; /* this will align the column just as if it's a table cell */ }
.multi-column-align-bottom .column { width: 100%; max-width: 620px;  /* set to width at which you'd like the column to scale to 100% */
   display:inline-block; vertical-align: bottom; /* this will align the column just as if it's a table cell */ }
</style>
      <!--[if gt mso 15]>       <style type="text/css" media="all">          /* Outlook 2016 Height Fix */          table, tr, td {border-collapse: collapse;}          tr { font-size:0px; line-height:0px; border-collapse: collapse; }       </style>       <![endif]-->
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<style type="text/css">
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        [owa] .desktopWidth142px {
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        [owa] .desktopWidth130px {
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        [owa] .desktopWidth120px {
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        [owa] .desktopWidth64px {
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        [owa] .desktopWidth40px {
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        [owa] .desktopWidth20px {
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        [owa] .desktopFont36px {
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        [owa] .desktopPaddingBottom40px {
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        [owa] .desktopPaddingBottom35px {
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        [owa] .desktopPaddingBottom0px {
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        [owa] .desktopPaddingTop40px {
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        [owa] .desktopPaddingTop35px {
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        [owa] .desktopPaddingTop30px {
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        [owa] .desktopPaddingLeft40px {
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        [owa] .desktopPaddingRight40px {
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        [owa] .desktopPaddingRight30px {
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<style>
        /*Modules*/
        h2 {
            font-family: Arial, Helvetica, sans-serif; 
            color: #4d4e53;
            font-size: 18px;
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            padding: 20px;
            border: solid 1px #4d4e53;
            background-color: #fad7b1;
            text-transform: uppercase;
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        /* Basics */
        body {
            margin: 0 auto!important;
            padding: 0;
            background-color: #ffffff;
            -webkit-text-size-adjust: none; 
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        table {
            border-spacing: 0;
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            color: #4d4e53;
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        td {
            padding: 0;
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        img {
            border: 0;
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        /* outlook visited link state */
        span.MsoHyperlink {
            mso-style-priority:99;
            color:inherit;
            text-decoration: inherit;
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        span.MsoHyperlinkFollowed {
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        .wrapper {
            width: 100%;
            table-layout: fixed;
            -webkit-text-size-adjust: 100%;
            -ms-text-size-adjust: 100%;
        }
        .webkit {
            max-width: 620px; /* set to max-width of full email */
            margin: 0 auto;
        }
        .full-width-image img {
            width: 100%;
            max-width: 620px; /* set to max-width of full email */
            height: auto;
        }
        .multi-column-align-top .column {
            width: 100%;
            max-width: 620px;  /* set to width at which you'd like the column to scale to 100% */
            display:inline-block;
            vertical-align: top; /* this will align the column just as if it's a table cell */
        }
        .multi-column-align-middle .column {
            width: 100%;
            max-width: 620px;  /* set to width at which you'd like the column to scale to 100% */
            display:inline-block;
            vertical-align: middle; /* this will align the column just as if it's a table cell */
        }
        .multi-column-align-bottom .column {
            width: 100%;
            max-width: 620px;  /* set to width at which you'd like the column to scale to 100% */
            display:inline-block;
            vertical-align: bottom; /* this will align the column just as if it's a table cell */
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.ExternalClass * { line-height: 112%; }
.ExternalClass p, .ExternalClass span, .ExternalClass font, .ExternalClass td { line-height: 112%; }
a[href^=tel], .nolinkcolor > a { /* this is the iOS and Outlook.com styling override */
 color: inherit;
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}
.sup, td { -webkit-text-size-adjust: none; }
table, td {
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em { font-style: italic; }
strong { font-weight: bold; }
.link { /* use this span insde the link tag to fix links for Outlook 2013/16 */
 color: inherit;
 text-decoration: inherit;
}
.appleLinks a {
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 text-decoration: none !important;
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.appleLinks2 a { color: inherit !important; }
a[x-apple-data-detectors] {
 color: inherit !important;
 text-decoration: none !important;
 font-size: inherit !important;
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 font-weight: inherit !important;
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th { font-weight: normal; }

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/***** Global Styles *****/
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*[class].fullgmail, .fullgmail {width: 100% !important; min-width: 320px !important;}
*[class].hide, .hide { display: none !important; }
*[class].mobileshow, .mobileshow {
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 width: auto !important;
 overflow: visible !important;
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 line-height: normal !important;
 visibility:visible !important;
 font-size:inherit !important;
}
*[class].nopad, .nopad { padding: 0px 0px 0px 0px !important; }
*[class].padmain, .padmain {
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*[class].padmain2, .padmain2 {
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*[class].displayBlock, .displayBlock {
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 display: block !important;
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*[class].widthauto, .widthauto { width: auto !important }
*[class].borderadius, .borderadius { border-radius:3px !important;-moz-border-radius:3px !important;-webkit-border-radius:3px !important; height:40px !important; width:auto !important}
*[class].padT10, .padT10 {
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*[class].alignleft, .alignleft {
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*[class].nopad, .nopad { padding: 0px 0px 0px 0px !important; }
*[class].padR20, .padR20 { padding-right: 50px !important; }
*[class].padterms20, .padterms20 { padding-right: 20px !important }
*[class].imgwdth90, .imgwdth90 { width: 90% !important }
*[class].heroheading, .heroheading { padding-top: 38px !important; }
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*[class].heightinher, .heightinher { height: inherit !important }
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*[class].pad11, .pad11 { padding-left: 20px !important;padding-right: 20px !important; }
*[class].txtalign, .txtalign { padding: 0px 0px 18px 15px !important; }
*[class].txtalign2, .txtalign2 {
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   </head>
   <body bgcolor="#ffffff" style="margin: 0px; padding: 0px; -webkit-text-size-adjust:none; -ms-text-size-adjust: none;"><style type="text/css">
div.preheader 
{ display: none !important; } 
</style>
<div class="preheader" style="font-size: 1px; display: none !important;">Plus, reflections on the 2022 stock market</div>
      <img src="http://click.afs.ameriprise.com/open.aspx?ffcb10-fed1107375650679-fe581777736403747214-fe31117171640478711374-ff921c75-fe5b15777c66007f7113-ff281174736c&d=110019&bmt=0" width="1" height="1" alt="">
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         <tr class="outlookfix">
            <td align="center" valign="top">
               <div align="center">
                  <table width="620" border="0" cellspacing="0" cellpadding="0" align="center" class="container" style="width: 620px;">
                     <tr class="outlookfix">
                        <td align="center" valign="top" bgcolor="#ffffff">
                           

                           
                        </td>
                     </tr>
                     <tr class="outlookfix">
                        <td align="center" valign="top" bgcolor="#ffffff">
                           <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><div role="article" aria-roledescription="email" lang="en" style="-webkit-text-size-adjust:100%;                                                                   -ms-text-size-adjust:100%;                                                                   background-color:#ffffff;">
  <table border="0" cellspacing="0" cellpadding="0" width="100%">
    <tr>
      <td align="center">
        <!--PWA Qualified version-->
        <img width="176" height="" style="display: block;" alt="Ameriprise Private Wealth Practice" src="https://image.s11.sfmc-content.com/lib/fe31117171640478711374/m/1/d8f88d3a-66ca-479a-9629-21537266f7b2.png" border="0">
        <div style="width: 176px; text-align: center; color: rgb(94, 108, 117); line-height: 15px; font-family: &quot;PublicoHeadlineRoman&quot;, Georgia, serif; font-size: 13px;">Dalton and Associates<br>
        </div> <div style="height: 4px; line-height: 6px; font-size: 12px;">
        &nbsp;
        </div>
        <table class="mobile320px" style="border-top-color: rgb(83, 98, 111); border-top-width: 0px; border-top-style: solid;" width="600" cellspacing="0" cellpadding="0" border="0" bgcolor="#ffffff">
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  </table>
  <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; ">
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      <td class="stylingblock-content-wrapper camarker-inner">
        <table border="0" cellpadding="0" cellspacing="0" class="dashedBorder" width="100%" style="padding-top:20px; padding-bottom: 20px;">
          <tr>
            <td align="center" valign="top">
              <!--start mobile image-->
              <!--[if mso]><!-->
              <div class="desktopHide mobileShow mobileWidth100Percent">
                <img alt="" border="0" src="https://image.s11.sfmc-content.com/lib/fe31117171640478711374/m/1/0b607a09-1c98-49ae-b140-9b2be7e111ac.jpg" style="display: block;" width="100%">
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              <!--<![endif]-->
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              <!--[if mso]><!-->
              <table border="0" cellpadding="0" cellspacing="0" class="desktopShow" style="display: none;">
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                <!--[if (gte mso 12)|(IE)]> <table cellpadding="0" cellspacing="0" border="0" style="width: 600px;"> <![endif]-->
                <tr>
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                    <img alt="" border="0" height="" src="https://image.s11.sfmc-content.com/lib/fe31117171640478711374/m/1/5b76b597-e9c0-447f-9b52-9c5199192a43.jpg" width="600" style="display: block; padding: 0px; text-align: center; height: 100px; width: 600px; border: 0px;">
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                        <td align="center" valign="top">
                        </td>
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                    <!--[if gte mso 9]>                                                     </v:textbox> </v:rect> </v:image>                                                 <![endif]-->
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        <table class="mobile320px" style="border-top-color=" ";="" border-top-width:="" 0px;="" border-top-style:="" "";"="" width="600" cellspacing="0" cellpadding="0" border="0" bgcolor="#ffffff">
          <tr>
            <th width="600px" height="50" valign="middle" style="padding: 10px; padding-left:25px; text-align:left;">
              <span style="font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:400;line-height:1.5">December 2022<br>
                Prepared for: Danny Groina</span>
            </th>
          </tr>
        </table>
    </td></tr></table></div></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!--start prospect body-->
<div role="article" aria-roledescription="email" lang="en" style="-webkit-text-size-adjust:100%;                                                                   -ms-text-size-adjust:100%;                                                                   background-color:#ffffff;">
  <table width="100%" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation">
    <tr>
      <td align="center"><!--[if mso]> <table role="presentation"  align="center"  style="width:600px;"> <tr> <td style="padding:00px 0;"> <![endif]-->
        
        <div class="outer" style="width:100%;                                   max-width:600px;                                   margin:00px auto;">
          <div class="one-col" style="text-align:center;                                       font-size:0;                                       background-color:#f5f5f5;"> 
            <!--[if mso]> <table role="presentation"  width="100%"  style="width: 600px;  margin: 0 0;  background-color:#f5f5f5;"  width="600"  align="center"> <tr> <td style="width:100%; padding:0px;"  valign="middle"> <![endif]-->
            <div class="column" style="width:100%;                                        max-width:600px;                                        display:inline-block;                                        vertical-align:middle;">
              <div style="padding:0px;                           text-align:center">
                <p style="margin:0;         padding:0px;                           font-family: 'FranklinGothicBook', Arial, Helvetica, sans-serif;                           font-size:14px;                           line-height:18px;                           align:center"> <img src="https://image.s11.sfmc-content.com/lib/fe31117171640478711374/m/1/168d395c-f799-4018-8605-173071be2681.jpg" width="600" alt="Article 1 Image" style="display:block;                                                                                            width:100%;                                                                                            height:auto;                                                                                            max-width:600px;"> </p>
              </div>
            </div>
            <!--[if mso]> </td> </tr> </table> <![endif]--> 
          </div>
          <div class="one-col" style="text-align:center;                                       font-size:0;                                       background-color:#f5f5f5"> 
            <!--[if mso]> <table role="presentation"  width="100%"  style="width: 600px;  margin: 0 0;  background-color:#f5f5f5;"  width="600"  align="center"> <tr> <!--[if mso]> </td> <td style="width:100%; padding: 0px 20px 0px 20px;"  valign="middle">&nbsp; <![endif]-->
            <div class="column" style="width:100%;                                        max-width:600px;                                        display:inline-block;                                        vertical-align:middle;">
              <div style="padding:20px;                           font-size:14px;                           line-height:18px;                           text-align:left;">
                <p style="margin-top:0;                           margin-bottom:9px;                           line-height:30px;                           font-family:'PublicoHeadlineRoman', 'Times New Roman', Times, serif;                           font-size:24px;                            font-weight:400;                            color:#007886;">Market update </p>
                <p style="margin-top:0;                           margin-bottom:20px;                           font-family: 'PublicoHeadlineRoman', 'Times New Roman', Times, serif;                           font-size:24px;                            font-weight:400;                            color:#053e6a;">Recession forecast: Answering your pressing questions</p>
                <p style="margin-top:0;                           margin-bottom:24px;                           font-family: 'FranklinGothicBook', Arial, Helvetica, sans-serif;">Are we currently in a recession? What are the chances of one in 2023? What might a potential downturn look like? Chief Economist Russell Price tackles these questions and more.</p>
                <p style="margin:0;                           font-family: 'FranklinGothicBook', Arial, Helvetica, sans-serif;" align="center"> 
<a href="http://click.afs.ameriprise.com/?qs=7a620acd9eb96b78d9d6296da7861c19870f732d04764990df266284e605ddf17c440ac1746eea10c2a8ea67de3d0a6480485951a93f577a4219379cd8e145f6"  style="background: #f5f5f5;                                                                                                       border: 2px solid #003D6D;                                                                                                       text-decoration: none;                                                                                                       padding: 7px 40px;                                                                                                       color: #003D6D;                                                                                                       border-radius: 0px;                                                                                                
       display:inline-block;                                                                                                      mso-padding-alt:0;                                                                                                      text-underline-color:#003D6D"> 
                  <!--[if mso]> <i style="letter-spacing: 25px; mso-font-width:-100%; mso-text-raise:30pt" hidden>&nbsp;</i><![endif]--> 
                  <span style="mso-text-raise:15pt;">Get the answers</span><!--[if mso]><i style="letter-spacing: 25px;mso-font-width:-100%" hidden>&nbsp;</i><br><br><br><![endif]--> 
                  </a> </p>
              </div>
            </div>
            <!--[if mso]> </td> </tr> </table> <![endif]--> 
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          <div class="spacer" style="line-height:24px;                                      height:24px;                                      mso-line-height-rule:exactly;">&nbsp;&nbsp; </div>
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            <!--[if mso]> <table role="presentation"  width="100%"  style="width: 600px;  margin: 0 0;  background-color:#f5f5f5;"  width="600"  align="center"> <tr> <td style="width:50%; padding:0px;"  valign="middle"> <![endif]-->
            <div class="column" style="width:100%;                                        max-width:300px;                                        display:inline-block;                                        vertical-align:middle;">
              <div style="padding:0px;">
                <p style="margin:0;                           font-family: 'FranklinGothicBook', Arial, Helvetica, sans-serif;                           font-size:14px;                           line-height:18px;"> <img src="https://image.s11.sfmc-content.com/lib/fe31117171640478711374/m/1/308982f4-c4e5-4d62-a575-ca4f142019eb.jpg" width="300" alt="Article 2 Image" style="display:inline-block;                                                                                               width:100%;                                                                                               height:auto;                                                                                               max-width:300px;"> </p>
              </div>
            </div>
            <!--[if mso]> </td> <td style="width:50%; padding: 0px 20px 0px 20px;"  valign="middle"> <![endif]-->
            <div class="column" style="width:100%;                                        max-width:300px;                                        display:inline-block;                                        vertical-align:middle;">
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                <p style="margin-top:0;                           margin-bottom:24px;                           font-family: 'FranklinGothicBook', Arial, Helvetica, sans-serif;">Chief Market Strategist Anthony Saglimbene shares his key takeaways from a challenging year, as well as investor considerations for 2023.</p>
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<p style="margin-top:0; margin-bottom:24px; font-family: 'FranklinGothicBook', Arial, Helvetica, sans-serif;">The end is here for TINA, an investor rallying cry that stands for <q>There Is No Alternative</q> to stocks. Find out why investors are returning to fixed income and embracing a new motto: TARA.</p>
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            Scott Durrett</td></tr><tr>
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            Financial Advisor<br>
             Associate Vice President<br>
              Dalton and Associates<br>
             A private wealth advisory practice of Ameriprise Financial Services, LLC&nbsp;</td></tr><tr>
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               2029 Century Park E Ste 2550<br>
             Los Angeles, California 90067-2936<br>
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            <br>Ameriprise Financial
            <br>
            70100 Ameriprise Financial Center | Minneapolis, MN 55474
            <br>
            <br>
            The views expressed by Ameriprise affiliates are as of the date given, may change as market or other conditions change, and may differ from views expressed by other Ameriprise Financial associates or affiliates. Newsletter information and opinions from third-party sources are believed to be reliable, but accuracy and completeness cannot be guaranteed. This is not a solicitation to buy or sell the securities mentioned. Do not use this information as the sole basis for investment decisions; it is not intended as advice designed to meet the particular needs of an individual investor.
            <br>
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            <strong>Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value. </strong>
            <br>
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            Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.
            <br>
            <br>
            Ameriprise Financial Services, LLC. Member FINRA and SIPC.
            <br>
            <br>
            &copy; 2022 Ameriprise Financial, Inc. All rights reserved. 
            <span style="white-space: nowrap;"> 27862_711-<span id="RecipVer"><!---->P<!----> (12/22)  <!--Disclosure End--> </span> </span>
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