7/13/2022 To Find a New Bottom
AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 7/13/2022 Towne Wealth Management BLOG:
To Find a New Bottom
Historically, market bottoms occur when shortages start to change to gluts, indicating an inflation peak, reports AdvisorAnalyst.com 7/5/2022. They further suggested that this would manifest itself in the second half of 2022… which means… we’re in that season. In particular, the retail sector is being hit much harder than the overall market, pointing to the MSCI World Retailing Index which is sharply underperforming the MSCI World Index year to date. This is bad news for individual companies experiencing the glut, but good for the markets trying to find a new bottom. Therefore, as economic reports begin over the next couple of weeks,
investors will need to focus on excess inventories
and make….
Their Adjustments.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.