May Recap and June Outlook
The Fed lion has found the courage to increase interest rates drastically, the inflation tiger is still ambushing the economy, and now the stock market is flirting with bears. The question for investors is: Are we still deep in the forest? Or is that the Emerald City on the horizon? To extend the metaphor – that wizard wasn’t much help, and the solution to the problem turned out to be a liquidation.
Just to be clear, they melted the witch. We’re not suggesting melting your portfolio.
Let’s recap the recent data releases as we head into the big one – May inflation – which will be released on June 10th
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