The stock market took a pounding in the first half of 2022. It's now making new lows since Fed Chairman Jerome Powell's decision to raise interest rates more aggressively, leaving stocks with sobering year-to-date losses ranging from 16% for the Dow Jones to 21% for the S&P 500 and 30% for the tech-heavy Nasdaq.
What do Wall Street strategists predict for the stock market in 2022?
The official Wall Street forecasts are in. Here’s what they predict for the stock market in 2022 The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New New York, January 16, 2019. Wall Street strategists see another leg higher for stocks in 2022, but at a slower pace than the market has seen over the past two years.
Is Ford stock undervalued in 2022?
Arguably, 2022 will turn out to be a historic one for the company with the launch of F-150 Lightning. I am optimistic about the performance of Ford stock this year as well, and I believe the company is still undervalued in the market.
How did the consumer price index perform in March 2022?
The consumer price index gained 5% year-over year in March, down from peak inflation levels of 9.1% in June 2022 but still well above the Federal Reserve’s 2% long-term target. The late-April stock market rally was triggered in part by a relatively weak economic growth report for the first quarter.
