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Economic & Market Outlook The combination of energy price pressure, a war in Ukraine, mid-term elections, and the leading contributor, the U.S. Federal Reserve and other major central bank initiating a series of aggressive interest rate hikes to fight inflation, lead to both stocks and bonds falling in tandem during 2022. This is a rare…
The last time U.S. headline inflation was above 9%, IBM was selling their first personal computer using Microsoft software, Ronald Reagan was president and Marty McFly was traveling Back To The Future. In some ways, it feels like we are taking a trip back to the 1980s as the Federal Reserve has made a strong…