2022 will be looked back on as a pivotal year for markets. After years of below-trend economic growth that led to ultralow interest rates, the inflation we saw in late 2021 was supercharged in 2022 reflecting the impact of the Russia-Ukraine War on food and energy prices, continued lockdowns in China, and a tight labor market globally. Headline inflation peaked in June 2022 at +9.1% and has since slowed to 6.5%. The Federal Reserve’s goal is to bring core PCE (personal consumption expenditures) down to 2%, but this measure has been sticking in the 4.5-5% range, as wages have increased in a tight labor market.
Your search for "" returned no resultsthe following result: results:
Your search for "" returned no resultsthe following result: results:
Information regarding investments is for information purposes only. The views expressed are subject to change based on market or other conditions without notice. The information should not be construed as investment advice or a recommendation to buy or sell any security or investment product. It does not take into account an investor’s particular objectives, risk tolerance, tax status, investment horizon, or other potential limitations. All material has been obtained from sources believed to be reliable, but the accuracy cannot be guaranteed. Past performance is not a guide to or guarantee of future performance. An HTC portfolio could suffer losses as well as achieve gains. Where reference is made to returns of specific indexes, returns of the indexes also do not typically reflect the deduction of investment management fees, trading costs or other expenses. It is not possible to invest directly in an index. Indexes are the property of their respective owners, all rights reserved.
