Time to Read: 2 Minutes
2022 market overview, housing and labor market weighing on crowd sentiment, Fed announcements, and inflation remain at the forefront of investors’ minds as the market continues to be confusing for economists. In our latest webinar, BWM Financial President Jeff Brown discusses the latest inflation data, how the Fed is responding, and what the rest of the year could look like for the market. Here are the key takeaways:
- Evaluating our four-step bottoming process of: Oversold, Rally, Retest and Breadth thrusts to determine next equity portfolio adjustment.
- While there are signs of recession in the housing market, job market is extremely tight still
- Fed likely to slow their pace of rate hikes and maybe even stop them at some point.
- Coming off recent bottom, there was a strong breadth thrust indicator
We continue to monitor the latest data from our research partners and are prepared to make tactical changes. As always, our team is here to answer any questions about your personal situation.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Stratos Wealth Partners and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.