Author: Kurt Spieler, Chief Investment Officer
The first half of 2022 saw the largest U.S. stock market decline in over 50 years.1 In our 2022 Mid-Year Investment Update, the FNBO Investment Management team shares its thoughts on this historic decline, including the role of inflation and the possibility of a recession.
We see four primary factors determining whether inflation will moderate as this year progresses.
Read the full Mid-Year Investment Update for a detailed analysis on the likelihood of a recession and to learn how our team is adjusting its outlook and strategy in response.
1 Reuters; "S&P 500 closes the book on its steepest first-half slide since 1970;" by Steven Culp; June 30, 2022
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