September 27, 2022 Recap
As we enter the fourth quarter, we are likely in the later stages of the U.S. Federal Reserve (Fed) rate hike cycle. However, the Fed is still predicted to hike rates another 1% to 1.25% by year end. Much of what we discussed in our 2022 outlook came to fruition in the third quarter, with slower economic growth, increased market volatility and the Fed playing a larger role in investors decisions.
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<p><small>The Weekly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.</small></p>
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