Inflation not moderating, price resistance for non-essentials growing, Fed finally begins shrinking the balance sheet.
April 2022 Market Commentary
Fed tightening but Powell's heart doesn't seem to be in it.
Cost of living, lack of growth policy, and rising interest rates combining to squeeze consumers and threaten economic expansion later this year.
Q1 2022 Market Comments
Will Fed follow through combating inflation; rising mortgage rates and falling truck-loadings suggesting slowdown developing if consumer spending dips.
War and inflation continue, earnings likely to continue expanding but wage growth failing to preserve worker purchasing power.
February 2022 Market Commentary
World equity prices declined in February as war worries and soaring commodity prices threatened to interrupt the post-pandemic global economic recovery.
Rising inflation rates, higher borrowing costs and tensions in Eastern Europe have weighed heavily on equity markets the first two weeks of February.