
Our Thoughts on Third Quarter 2022
Matt Johnson, CFA® - Andy Nugent, CFA® Market Recap, Portfolio Analysis, and Review The Third Quarter of 2022 started off strong with the market rebounding in July only to fizzle out in August and September. The Fed aggressively raised rates during the quarter, and it seems as if they will continue to do so. We expect inflation to remain high and are seeing further signs of a weakening economy with Federal Express declaring a decreased demand and Nike having increased inven