Mid Year Review & Outlook: Dual Threats: Inflation & Recession

July 2022  /  Past Issues

As we close the books on the second quarter, markets continue to focus on the dual threats of inflation and recession. The war in Ukraine continues, but no longer dominates the daily news. Oil prices remain stubbornly high and a key component of the inflation story.

Due to the Fed’s inability to have a direct impact on high oil prices and lingering supply chain issues, they have taken strong action in raising the Fed Funds rate in an attempt to slow overall demand.


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