As we head into the Q2’22 corporate earnings season, we thought it would be an opportune time to briefly discuss what is potentially at stake in the current climate, particularly with respect to the direction of the stock market. Since the onset of the COVID-19 pandemic in Q1’20, it seems like there has been a notable disconnect between the state of the economy
(“Main Street”) and the performance of the stock market (”Wall Street”). While the U.S. economy has struggled to fully recover from its partial shutdown during the first half of the pandemic, the stock market was clearly in rally mode up until the start of 2022.
Quarterly Market Overview
July 22, 2022