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April 11, 2022
Rich Turgeon
Wellspring Investment Outlook - 2Q'22
Investments
Portfolio Management
Market Outlook
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The global economy appears to be transitioning from mid to late cycle with U.S. GDP growth expected to stabilize at around 2.0% in the second half of the year. While we believe markets are likely to be volatile in the near term as the Fed raises rates and reduces the size of its balance sheet, markets can usually recover from intra-year drops and finish on a positive note. It's important to stay the course when markets get choppy, with equities continuing to be the best place for long term capital allocation.
Click "Market Outlook" to download our Q2 2022 investment outlook.