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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (11890)10/29/2021 2:22:10 PM
From: Rarebird1 Recommendation

Recommended By
rogermci®

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I am not one for the constant macro psycho babble. This is what I had to say about this year.

Message 33099274

In 2022, I expect lots more volatility. The Fed will be tapering and raising interest rates while GDP increases quite substantially. There will be lots of strong earnings surprises. But the market is all about interest rates. In an environment where the Fed will not be friendly and earnings are on the rise, it will be a stock pickers market more than anything. Passive index investing will underperform. I see higher, but the market will initially react very negatively to rate hikes.
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