April 30, 2022 Snapshot

There’s a lot to be said for the advice to Keep Calm and Carry On. The mixed news and emotions, spurred in part by the uncertainties of Ukraine and the effects on the economy, continue to affect the market. Yet those with a long term trajectory and long experience in the markets, while vigilant, can remain calm. Yesterday following its two-day May meeting, the Fed announced an expected 50-basis point raise in the interest rate. The Board of Managers expects to see at least one, possibly two more rate increases this year as a means of calming the current rate of inflation.