‘April Showers Bring May Flowers’ is a common phrase and may be appropriate to describe the spring of 2022. The world has shed many tears watching the Russian invasion of Ukraine and markets have certainly taken a swoon with higher inflation and slowing growth. And there is the risk the Federal Reserve could tip the U.S. economy into a recession. But just as other storms have rattled windows and cast doubts about the strength of the American consumer, I wouldn’t rule out a comeback in the near term, or the long term. A resilient Ukraine and the pain of sanctions could lead to peace quicker than we think. And the inflation caused by too
much fiscal spending and easy monetary policy could be reversed. We have seen the rain; May flowers may soon abound.
Topics:
Closing the Social Security Funding Gap
What’s Your Retirement Dream Elevator Pitch?
Food Inflation: What’s Behind It and How to Cope
Avoiding Probate
