August 17, 2022
Why Stocks Have Rebounded So Quickly
With stocks down 20% and inflation quickly rising, the first half of 2022 was rough. But there is good news on the horizon! Stocks are up 14% since the beginning of July and have been delivering positive results over the last four weeks. The year-over-year inflation rate has dropped from 9.1% in June to 8.5% in July. Buckingham’s Managing Director of Investment Strategy Kevin Grogan shares the “why” behind the market’s optimistic outlook.