Jack Janasiewicz offers his tactical take on the capital markets in this podcast recorded on August 5, 2022.
- US equity markets rebounded in July with the S&P 500® up over 9% and the Nasdaq gaining more than 12%.
- While inflation is still high, personal consumption, the labor market and the US dollar remain strong.
- But is the stock market getting ahead of itself? Inflation is still a long way from the Federal Reserve’s target of 2%.
- This potentially puts more pressure on the Fed to keep raising rates in the future…