Presented by Matt Glova and the LifeTime Asset Management team:
Weekly Market Update, March 28, 2022
The S&P 500 gained 1.81 percent as investors moved out of bonds and into equities. The major driver seemed to be a more aggressive Fed, which plans to combat inflation with a pair of rate hikes at its May and June meetings. Although a rate hike of 50 basis points (bps) at the Federal Reserve’s (Fed’s) May meeting seems increasingly likely, it is anything but certain.
Click here to read the full weekly market report published March 28, 2022.
Weekly Market Update, March 21, 2022
The S&P 500 posted its largest gain since November 2020 last week as investors seemed to take the Fed’s rate hike as a nod of confidence for the economy. The Federal Reserve (Fed) announced a 25 basis point (bps) increase in their target rate after last week’s FOMC meeting.
Click here to read the full weekly market report published March 21, 2022.
Weekly Market Update, March 14, 2022
February inflation numbers show a 7.9 percent increase in prices over the past 12 months, marking the fastest Consumer Price Index (CPI) acceleration since 1982 with oil prices adding to the pressure. U.S. equities fell for a second consecutive week as geopolitical tensions continued to weigh on both stocks and investors’ minds.
Click here to read the full weekly market report published March 14, 2022.