MARKET UPDATE: SECOND QUARTER 2022
The second quarter of 2022 has been challenging, to say the least, for investors as markets responded negatively to shifting interest rates, supply chain snarls, inflationary pressures and geopolitical challenges.
MARKET UPDATE: FIRST QUARTER 2022
The concern among stock investors is that rising prices, and subsequent actions by the Federal Reserve, will cause a significant slowing of economic growth and potentially a recession.
MARKET UPDATE: FOURTH QUARTER 2021
There is no better way to describe it – 2021 was a historic year for the markets. After more than a decade of inflation running below the Federal Reserve’s stated 2% target level, the trifecta of rising wages, supply-chain disruptions for many goods and trillions of dollars of government largesse combined to push inflation steadily higher as the year progressed.
MARKET UPDATE: THIRD QUARTER 2021
As the pandemic appeared to be slowing down, the new highly contagious COVID-19 Delta variant flared this summer causing a momentum slowdown in the third quarter dampening investor enthusiasm. The list of additional concerns included higher inflation, rising interest rates, lofty equity valuations, supply-chain bottlenecks, Federal Reserve policy changes and the chaos in Washington over President Biden’s two massive stimulus proposals and changes to the tax code to pay for them.
MARKET UPDATE: SECOND QUARTER 2021
Hard to believe but we’ve made it to the midpoint of the year already! When reflecting on the markets during the first half of 2021, it is important to understand both where we are and where we were at this point last year.