CHRIS GUINTHER, Senior Equity Strategist and Portfolio Manager
It’s 2022, not 2020, and my opinion is the odds that stocks will do well have fallen significantly. After two really strong economic years during the Covid period, the Federal Reserve has reversed course to undo problems they’ve caused by flooding the economy with too much cash. My impression of the good news is we didn’t have to struggle as a nation economically due to Covid, but the bad news is the Federal Reserve and Federal Government over-shot, and now we have to deal with rampant inflation. Bottom line? Higher interest rates to slow inflation are here to stay and the outcome is both risky and unknown.
The information provided is for illustration purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action to be taken. These analyses have been produced using data provided by third parties and/or public sources. While the information is believed to be reliable, its accuracy cannot be guaranteed.