March 2022 Market Update
Top of mind right now is the ongoing situation in Ukraine, as the invasion of Ukraine by Russia has already brought about significant changes to the geopolitical and market landscape. Energy and commodity prices have moved higher as tensions escalated and sanctions targeting energy added even more upward pressure on prices. However, we still believe the rate of inflation will slow towards the end of this year. Some of the key points for March’s update are:
- We expect to see elevated levels of inflation into the summer with the potential for moderating inflation at the end of the year.
- Federal Reserve rate hikes are coming, but likely at a slower pace than previously.
- Expectations are for oil prices to remain elevated, but well off highs by December.
- The market is forward-looking, and we remain focused on the long term in spite of this short-term volatility.
We hope you find this video educational and informative. If you have any questions, please reach out to your advisor. As always, thank you for putting your trust in the Merit team.