Is the U.S. headed for recession? Much will depend on the labor market and the actions of the Federal Reserve, but there continue to be areas of solid growth across the economy. With market volatility rising, look for a mix of old-economy companies that make tangible products and tech leaders with proven earnings growth.
The war in Ukraine has cast a pall over much of Europe, but a renewed investor focus on value-oriented stocks could prove to be a silver lining.
Fixed income had a rough ride in the early months of 2022, but history suggest better days may be ahead. Bonds still offer investors income, diversification, inflation protection and a measure of stability when equity markets are volatile.