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Pres Rajbir introduced himself. 2022 was a year that was way above forecasts . . Large Cap stocks in the USA were up 28.7 the MCSI world Index up 24.2 Inflation expected at 2 or so was way below reality. Vaccination only started in late December 21. Canada slow to start but largely vaccinated comparatively to the world. USA fast to start but slow to finish. The undeveloped world just doesn't have any. Themes for 2022 More variants? Inflation high but maybe coming down later. No longer thought transitory. ( higher for longer) Crude Oil with more demand and less investment is 100 on the horizon. Is the Fed behind the curve. To late or to early. Fiscal policy will have tough time with inflation because of election cycles. Some experts expect a correction of 5 to 10 %. ( nothing new here as this is the case every year) TINA will remain a major factor in equity markets. (There Is No Alternative) So what to do. A financial Plan can help guide you through the ups and downs. Sadly among survey respondents who took on more debt in 2021 37% said expenses exceeded their income. one in eight have no financial goals one in 5 have debt reduction as a goal one in 10 selected saving for retirement as a goal one in 25 want to save for an emergency 70 % did not have a planning session with a financial advisor. in the last year. Lastly some disclaimers. . Some of the views are from Rajbir. some of the views are from reliable and unreliable sources. and when I felt like it some of the views are mine. . This is brought to you solely for your own entertainment and not to be considered financial advice . Unless of course we are correct and then we will take all the credit we can get. |
