When US Federal Reserve officials raised the Federal Funds Rate by 75 bps in September, the third straight 75 bps increase, Jerome Powell backed up his commitment to stay focused on raising interest rates to a level that will restrict … Continue reading →

Stocks and bonds are off to their worst start since 1976.

Record inflation, a surprise ground war in Eastern Europe, continued supply chain disruptions, and rapidly rising interest rates all contributed to a rocky 2022 start for financial markets.

Fueled by strong fundamentals and a speculative fervor, markets climbed higher in 2021.

Global equities were stronger in the final quarter of 2021 as investors focused on economic resilience and corporate earnings.