January 15, 2022Rich Turgeon

Wellspring Investment Outlook - 1Q'22

Market Outlook

The upcoming year will be defined by several key decisions made by policymakers around the world. The major central banks will decide how to respond to higher inflation, which is proving more resilient than the Fed originally predicted. Increasing debt levels will prevent the Fed from raising interest rates aggressively, which will support economic growth. The economy is mid-cycle and has room for growth. This suggests a positive backdrop for equities over a 12 to 18-month horizon supported by solid earnings growth, albeit with higher volatility.

Click "Market Outlook" to download our Q1 2022 investment outlook.