Month: April 2022
Markets declined Thursday and Friday after Federal Reserve Chairman Jerome Powell confirmed the Fed’s intention to raise interest rates by 50 basis points at its next meeting in May. At the same meeting in May, a winddown of the Fed’s massive $9 trillion balance sheet will also be detailed. Higher interest rates meant to tame…
VIEW PDF VERSION Markets struggle as inflation continues its upward climb Inflation is not going anywhere soon Despite the shorter trading week thanks to the Good Friday holiday, the markets managed to pack five days of pain into four. All three major indices lost ground: the Dow dropped 0.78%, the S&P 500 2.13% and the…
High levels of inflation, skyrocketing oil and gas prices and Russia’s invasion of Ukraine dominated headlines and sent markets into a tailspin in the first quarter. Will the second quarter be just as eventful? MARKETS BATTLE SPRING HEADWINDS IN FIRST QUARTER After mostly ignoring negative headlines in the second half of 2021, markets finally responded…
VIEW PDF VERSION The market starts to ponder higher rates Last week, markets were jarred by comments from Lael Brainard, one of the Federal Reserve’s most dovish members, who said the Fed needed to move more aggressively in unwinding its balance sheet to combat inflation. The release of the Fed’s minutes from its March meetings…
VIEW PDF VERSION Markets are at a crossroads With the first quarter of 2022 in the books, here’s the report card: Jobs appear plentiful, while consumers seem to be losing confidence and steam. Inflation is still with us, and the Federal Reserve is raising rates as the economy decelerates. Plus, we still have the Russia-Ukraine…
AE Wealth Management: Weekly Market Insights | 4/17-4/23/22
VIEW PDF VERSION Chaotic week for markets Q1 2022 GDP and where this economy is headed After growing by 5.5% last year, some analysts predict a major economic downturn. Gross domestic product (GDP) grew by 6.9% in the last quarter of 2021, and now some expectations are calling for growth to slip to 1.5% in…
Read More about AE Wealth Management: Weekly Market Insights | 4/17-4/23/22