This edition of MAP Views provides our thoughts on the rapidly changing investment landscape, the war in Ukraine, a potential bear market for bonds, high and rising inflation, as well as the Fed’s response to the uncertainty. It also discusses how we have positioned our portfolios in the face of unprecedented fixed-income volatility.
Please join us for MAP’s quarterly webinar. -- Michael Dzialo, President and CIO, is joined by Zachary Fellows, CFA, as they discuss the global macro environment, with a focus on the war in Ukraine, rising interest rates, and inflation. Messrs. Dzialo and Fellows will also review where the Investment Team is finding risks as well as where they see opportunities.
We review actions taken by the Fed and our elected officials in response to the COVID pandemic, trace the origins of the speculative excesses that investors began to unwind over January 2022 and discuss how MAP is preparing for this new chapter of economic history.
Americans continue to feel the sting of inflation. Consumer prices rose 8.3% in April from a year ago. As a result, U.S. households are spending an additional $341 a month to purchase the same goods and services compared to a year ago due to inflation above typical inflation of 2%, according to an analysis by Moody’s Analytics senior director Ryan Sweet
