This piece is approved to use with clients.
2Q22 Capital Markets Outlook - Finding Sea Legs in a Storm
Entering the year, the market was near record highs, only to be weighed down by fears of increased inflation, higher interest rates and the prospect of accelerated Fed tightening. Roughly one month in, we had an added worry with Russia’s invasion of Ukraine. This not only produced geopolitical angst but added to supply-chain issues, both with energy and agricultural commodities, and the US and allies reacted by imposing economic sanctions that further roiled the markets. Watch as AB's Walt Czaicki recap this quarter's outlook for the global capital markets.