Stephen Zielinski – Page 3 – ViaGem, LLC

May – June 2022

July 6, 2022December 29, 2022Stephen Zielinski

U.S. Economic and Market Highlights

THE ECONOMY

It has been a roller coaster ride for the last several years. The Real GDP (Gross Domestic Product) growth rates demonstrate this on the following line chart for the World (Data from The World Bank – June 2022).

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April – May 2022

June 6, 2022December 29, 2022Stephen Zielinski

U.S. Economic and Market Highlights

Ukraine Crisis

Last Friday was the 100^th day of the war in Ukraine with Russia. Circumstances remain uncertain as Ukraine thwarts threats from the invading forces. Uncertainty persists in the region and the world regarding the long-term impact of sanctions, blockades, future energy and food sources, and price stability.

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March – April 2022

May 4, 2022June 3, 2022Stephen Zielinski

U.S. Economic and Market Highlights

The Economy

The Federal Reserve policymakers raised short term interest rates in early May by 0.50% (50 basis points) as part of their effort to tamp down inflationary pressures. Additional rate increases are expected in June and July as they try to balance the risk of economic slowdown caused by higher borrowing rates.

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