2022 Markets And Fixed Income Commentary

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Below is a commentary on the 2022 markets outlook and fixed income From Bel Air Investment Advisors. Q3 2021 hedge fund letters, conferences and more 2022 Markets OutlookCarl Ludwigson, Director of Manager Research “In 2022, we continue to prefer equities to fixed income as economic growth is expected to remain above trend and real interest rates remain negative.” “While the fiscal impulse is expected to fade, the economy should continue to benefit from falling unemployment and rising spending on the services side.” “The good news for stocks is that they are still cheaper than bonds which may …

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