From the desks of Stanley Katz & Lauren Madera
STAY SAFE AND HEALTHY!
Although Friday’s US employment report appeared favorable, we had a mixed bag of results this week from the three major US stock market indices (i.e., DJIA: -0.12%, S&P 500: +0.06%, Nasdaq: +0.65%). Another inverted yield curve materialized last week—meaning that the 2-year US Treasury rate crept higher than the 10-year US Treasury rate. This event shakes the core of investors as it supposedly foretells a pending recession anywhere from 6 months to 2 years from now! Obviously, the gestation period of a recession isn’t an exact science. No doubt, energy prices, inflation, and interest rates continue to rise and corporate earnings seem to be slowing. For more on the impact of these vital statistics, click the Schwab link below.
Believe it or not, the first quarter of 2022 has closed. Below please find Hartford’s 2Q2022 Outlook, which has some interesting insights. Click the link.
Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.
J.P. Morgan Asset Management:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
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