Jack Janasiewicz offers his tactical take on the capital markets in this podcast recorded on September 8, 2022.
  • Equities slipped in August and the benchmark 10-year Treasury yield widened by 55 basis points to close the month at 3.20%.
  • Markets may have gotten ahead of themselves in pricing in a pivot from the Federal Reserve.
  • The strong labor market gives the Fed more room to raise rates more aggressively in the short term with less concern for deleterious effects on growth – resulting in higher rates for longer.
  • Moderating inflation is a two-step process: Goods and gas prices have already begun to come down, but services-related inflation may prove much stickier than anticipated.
Past performance is no guarantee of future results.

Investing involves risk, including the risk of loss. The views and opinions are as of September 8, 2022 and may change based on market and other conditions. This material is provided for informational purposes only and should not be construed as investment advice. There can be no assurance that developments will transpire as forecasted. Actual results may vary. Although Natixis Investment Managers believes the information provided in this material to be reliable, including that from third party sources, it does not guarantee the accuracy, adequacy or completeness of such information.

Natixis Advisors, LLC provides advisory services through its division Natixis Investment Managers Solutions. Advisory services are generally provided with the assistance of model portfolio providers, some of which are affiliates of Natixis Investment Managers, LLC.

Natixis Distribution, LLC is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Investment Managers, LLC. Natixis Investment Managers does not provide tax or legal advice. Please consult with a tax or legal professional prior to making any investment decisions.

CFA® and Chartered Financial Analyst® are registered trademarks owned by the CFA Institute.