Market Summary 1Q22
Three months ago, the economy was robust. COVID was less lethal, and the global re-opening was exuberant. U.S. consumers were clamoring for domestic travel, houses, furniture, and automobiles. Wages were up 5.4% in 2021, the highest in 20 years, and GDP climbed to $24 trillion, a 5.5% increase after adjusting for inflation. (Click the image […]