Looking Back, Looking Forward – 2022Q2
Looking Back and Forward Recap of 22Q2: During the 2nd quarter, US equity markets lost 17% of their value, with comparable declines between the Large and SMID market capitalizations. Underpinning the big declines are: 1) accelerating inflation, 2) lost confidence in the Fed’s ability to tame inflation, 3) growing fear that a US recession, or worse long-lasting stagflation is inevitable. […more]