Weekly Commentary | June 12, 2022
Macro Picture
Another hotter than expected inflation report was released on Friday and it sent stocks spiraling lower. For the week, the S&P 500 fell over 5%, in line with the other averages. The MSCI EAFE fell the most dropping -7.2%. EM stocks fared the best at -2.9%. Recession risk is clearly on the rise. What was once a 1-in-4 chance of happenin…
