Insights
November turned out to be another good month for equities. Signs of inflation slowing and news from the Federal Reserve that it will likely be less aggressive with rate hikes going forward helped to push stocks higher. As we move forward, a close eye will remain on the labor market, which has moved counterintuitively to the Fed’s inflation goal. At this point, a reduction of labor demand growth will be seen by the Fed as a positive indicator to slowing the economy.
Read our outlook and an overview of the market’s activity in our November 2022 briefing.
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date listed on the correspondence, and KAR does not undertake to update the information presented. This information is based on KAR’s opinions at the time of publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. Past performance is no guarantee of future results.
