- Market participants face worst start to stock market year in 80 years
- Earnings season off to a good start
- Belvoir Global Allocation II Universal fund records -5.9% in April
It is important to keep in mind that the Fed’s inflation target of 2% is not an upper limit, but rather a long-term average. Therefore, the recession expected by many market participants this year is unlikely to materialize if there are signs that inflation is coming back somewhat.