Market Update: Spring 2022

We have been reading a lot about what the experts think might be in store for 2022, and it seems that many remain cautiously optimistic (even in light of the challenging start!). They feel that the backdrop remains in place for the economy to continue to bounce back and heal from COVID, with relatively low interest rates and strong consumer spending.

Of course, everyone is keeping an eye on how inflation could impact that and how well the Fed will manage the need to raise interest rates from these historically low levels. And no one quite knows how this next phase of the pandemic will play out or whether other factors, like geopolitical threats (e.g. the Russia/Ukraine situation) or the ongoing polarization in Washington, will be bigger impediments to economic growth than expected.

The good news is that managers are still finding pockets of the market where they think money can still be made without taking outsized risk. That might be more challenging in the fixed income markets, but we will look to our trusted partners in that space to help us manage through. We will continue to provide our perspective as we move through the year and encourage you to reach out as you have questions or concerns.