The Pulse on the Economy and Capital Markets: March 21–25, 2022

At a glance

• In the markets, we’re seeing a recurrent storyline play out, with stock markets performing well globally and increases in the cryptocurrency and commodities markets.
• On the other hand, bonds struggled under the weight of investors’ inflation and interest rate worries. Government and investment-grade bonds are now down 6% and 9% respectively for 2022, with the former on track for its worst year since 1949.
• Real estate has long been a critical component of the U.S. economy. Despite concerns over inflation and rising mortgage rates, home-buyer interest is at the highest level we’ve seen since the 1980s.
• The current issue at stake in the real estate sector is that the demand for homes is outpacing supply, which will likely have a major impact on prices for buyers.
• In terms of industry news, we’re reading about a game-changing deal between Uber and New York City-based taxi companies and a play into electric delivery carts by FedEx. Plus, we’re sharing new (and mildly entertaining) updates in the move back to in-person offices.

Related resources:

• Uber strikes a deal to list New York City taxis on its app
• FedEx is testing electric carts for last-mile delivery in big U.S. and Canadian cities
• Why bundled tech packages are coming to offices
• Google bids bidets a farewell, leaving employees cold

Disclosures

Investment advisory services are offered by Aprio Wealth Management, LLC, a Securities and Exchange Commission Registered Investment Advisor.  Opinions expressed are as of the current date (March 29th, 2022) and subject to change without notice. Aprio Wealth Management, LLC shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, the information, data, analyses or opinions contained herein or their use, which do not constitute investment advice, are provided as of the date written, are provided solely for informational purposes and therefore are not an offer to buy or sell a security. This commentary is for informational purposes only and has not been tailored to suit any individual. References to specific securities or investment options should not be considered an offer to purchase or sell that specific investment.

This commentary contains certain forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially and/or substantially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason.

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Investments in securities are subject to investment risk, including possible loss of principal. Prices of securities may fluctuate from time to time and may even become valueless. Any securities mentioned in this commentary are not FDIC-insured, may lose value, and are not guaranteed by a bank or other financial institution. Before making any investment decision, investors should read and consider all the relevant investment product information. Investors should seriously consider if the investment is suitable for them by referencing their own financial position, investment objectives, and risk profile before making any investment decision. There can be no assurance that any financial strategy will be successful.

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