Market Thoughts for February 2022Learn more about this firm
Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for January. Markets pulled back to start the year, with U.S. indices dropping between 3 and 10 percent. On the medical front, the Omicron wave continued. As case growth rose to new highs, consumer and business confidence took a hit. Finally, January reports showed inflation at a 40-year high, and the Fed announced a rate hike in March was very likely. Despite this perfect storm of bad news, are there positive signs on the horizon? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.