Market Commentary: First Quarter 2022 Economic Outlook

The US economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back from the brief 2020 recession.  However, looking forward, to quote the prominent economist Ed Hyman, we are in “Unprecedented Times” and furthermore, for the future of our economy we “must accept the likelihood that outcomes will be particularly uncertain.”

These are “unprecedented times” – war, inflation, active Fed, etc. – all of which are creating more uncertainty than usual. We are watching the economic data and market signals carefully to see if the Fed can navigate a soft landing with declining inflation and a normalization in supply chain disruptions; thereby, decreasing the probability of a recession and allowing the economy to grow on into the future.

 

Click Here to Read our Full Market Commentary

Related Posts

4Q 2022 Market Commentary
4Q 2022 Market Commentary

Economic Overview By Dr. Mark Pyles Each time a calendar year is put into the rearview mirror, it is helpful – even if sometimes unpleasant – to review the primary drivers of both economic and market performance over the period. At the risk of over-simplifying, as we...

4Q 2022 Letter from the CIO
4Q 2022 Letter from the CIO

January 6, 2023The greeting of Happy New Year takes on a new meaning as we enter 2023.  Happy to be here, first and foremost, but also truly happy to start a new year after the year in financial markets that was 2022.  How bad was it?  Well, the scatter graph to the...