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Green Book May 2022

Unfinished Business

Our tongue-in-cheek celebration of the bull market’s second birthday in late March looks premature. But the “Terrible Twos” we warned about have erupted in full force.

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Gold (84) Dollar (56) Easing (1) CPI (171) Market Rotation (2) Election (10) Inflation (585) Recession (69) Value (131) Growth (119) Factor Performance (18) Japan (48) Yen (7) Wealth Effect (9) Bank Lending (1) Resession (1) Time Cycles (6) Breakeven Rate (1) Oil (48) Treasuries (79)