This week is long on commentary and short on data. Many speeches by Federal Reserve Presidents’ are scheduled, all of whom will be expected to say something cogent regarding whether the Fed has hit “peak Fed Funds rate”— despite the fact that none of them will go anywhere near that. The lower net new jobs and higher unemployment rate reported last Friday is a welcome opening for a Fed that almost certainly would like to have some breathing room right now to wait and see what the accumulation of interest rate hikes and continued tight monetary policy will bring.The majority of the last market environment from 2009 through 2019 was characterized by a zero-interest rate environment where the “punch bowl” was always full. Investors had little income opportunities available in the broader bond market. Equity capital appreciation (a function of earnings growth and multiple expansion) was the most important driver of returns. On the wealth planning front, we discuss the various liquidity solutions for those who wish to unlock some equity from their home.