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Downshift in U.S. Market Growth But Still Above Trend

03/07/2022

By: Jeffrey Roach, PhD, Chief Economist, LPL Financial

We currently expect the U.S. economy to grow 3.7% in 2022. The risks are to the downside since the Fed may err on tightening too fast, the recent commodity spike may trickle down to the U.S. consumer, and supply and demand imbalances may last longer than expected. This forecast is lowered from our previous 4-4.5% range originally published inĀ Outlook 2022: Passing the Baton. The rest of this commentary explains the overall themes supporting the forecast.

Read the full commentary here: Weekly_Market_Commentary_3.7.2022

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