2022 Mid-Year Outlook | Markets face mounting headwinds
As the stock market continues to struggle, economic uncertainty remains high.
Hiring continued at a strong pace for May, the unemployment rate remained near 50-year lows, and wage growth remained solid. The ISM reports showed still healthy activity for both manufacturing and services, but supply chains remain the biggest headwind. The recent data suggest that economic growth may be moderating from its previous unsustainable pace, but a near-term downturn is unlikely.
View our informative commentary on the economy and financial markets – and find out what we’re watching for the week ahead:
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