On Thursday, May 12, Chief Investment Officer Tony Roth hosted a webinar, Growth Scare or Recession? with Chief Economist Luke Tilley and Head of Investment Strategy Meghan Shue.
May 16, 2022—Investors continue to be whipsawed by equity market volatility. The S&P 500 dropped 4.8% last week through mid-day Thursday before bouncing 4% to finish the week down just 1%. The S&P 500 has now logged six straight weeks of declines.In our client webinar last week, we explored whether the market volatility is the result of a growth scare or a prelude to a recession. On the economic side, our assessment is that inflation has peaked, and U.S.
May 10, 2022—Weakness in the stock market has been acute. Over the past few weeks, there have been times when it seems that investors can’t find the exit fast enough. The CBOE Volatility Index has spiked again to around 35, indicating the options market expects heightened volatility. (The average reading on the VIX for 2021 was below 20.) But the S&P 500 index has now corrected 16.