Bear Market Rally or New Bull Market?08/15/2022


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After losing nearly 20% the first half of the year, the S&P 500 is up over 13% since June 30. Pessimism turned to optimism, as inflation is showing signs of easing and thus the Federal Reserve may not have to raise interest rates as much as previously expected. Higher interest rates are a headwind for economic growth and corporate earnings. < br>
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Commentaries are 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.
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