• Charles Schwab
  • eMoney
Bernardo Group
  • Process
  • Team
  • Insight
  • Resources
  • 401(k)

September 2, 2022

MARKET COMMENTARY: September 2022

Expect continued market volatility as reports on earnings and inflation are digested.

  • We don’t expect a recession like in 2020, or a repeat of the Great Recession in 2008-09, but the unemployment rate will eventually go up, job growth will go negative, industrial production will fall, and so will corporate profits… In the meantime, before a real recession sets in sometime in 2023 or early 2024, many people will believe the recession is already here. – Brian Wesbury, Chief Economist, First Trust
  • The pandemic and unique restart of economic activity brought about a massive re-allocation of resources. During the pandemic, consumer spending shifted to goods and away from services. That propped up goods producers’ earnings. That’s changing, in our view. Goods demand is weakening. Overstocked inventories, from retailers to semiconductor firms, are evidence of that. Meanwhile, spending is returning to services. – BlackRock
  • Fed Chair Powell, in a hawkish speech, reiterated that the Fed’s job is to bring inflation down even if it weighs on economic growth and causes labor market weakness. He dispelled any thought of a pause in tightening. –  Bob Doll, Crossmark Global Investments.

As always, we continue to believe that one’s circumstances and risk profile should determine the appropriate mix of investments, and not media headlines. Please contact us if you ever have any questions or concerns about your accounts or any news you hear.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, asset class, or investment strategy (including the investments and/or investment strategies recommended by the adviser), will be profitable or equal to past performance levels.  Information in this commentary is gleaned from third party sources, and while believed to be reliable, is not independently verified.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
Previous Post Next Post

Categories

  • View All
  • Financial
  • Investment
  • Networking
  • Uncategorized
  • Wealth Planning

Popular Tags:

  • Recession Risk
  • Global Economy
  • Market Insight
  • trade
  • Charitable Giving
  • Networking
  • Market update
  • Job Growth
  • investments
  • economy
  • Financial Recap
  • Tax Deductions
  • Stock volatility
  • IRA Distributions
  • Investment
  • Market Volatility
  • Finance
  • Financial planning
  • market commentary
  • Stocks

Financial Insights

Market Commentary: May 2025

Markets experienced a volatile but ultimately resilient April, as equities rebounded from early-month losses triggered by escalating trade tensions on “Liberation Day.” Initially shaken by President Trump’s tariff threats, investors regained confidence after the administration delayed most tariffs by 90 days—pushing their implementation to early…
READ MORE

emX from eMoney Advisor

Your browser does not support the video tag.

We’re excited to introduce emX from eMoney Advisor. More than just Bernardo’s client portal, emX offers you a complete personal financial management website. It keeps your various banking, investment, and insurance accounts updated and organized, lets you manage your budgets and spending, and even helps us chart a path for your long-term-planning goals — all in one convenient online/mobile experience. Contact us to sign up.

READ MORE

Contact Us

267.500.1080

contact@bernardowealthplanning.com

Get Directions

272 Ruth Road // Harleysville, PA 19438

Connect With Us

Bernardo Wealth Planning LLC BBB Business Review

This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and/or investments discussed in this material may not be suitable for all investors. Bernardo Wealth Planning recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. © 2016 Bernardo Wealth Planning

Legal Disclosure

contact@bernardowealthplanning.com | 267-500-1080 | 272 Ruth Road, Harleysville, PA 19438

Notifications