April 11, 2022Rich Turgeon

Wellspring Investment Outlook - 2Q'22

Market Outlook

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 current investment outlook.