As we come to the end of 2022 we wanted to call your attention to our best financial call of the year.
The Bond Buyer
By Jessica Lerner
January 11, 2022, 10:36 a.m. EST 5 Min Read
Major challenges for the public finance industry abound but rising interest rates is the largest concern for business in 202, market participants said in a Bond Buyer/Arizent Research survey. Nearly 60% of respondents said rising interest rates are their biggest worry, followed by regulatory requirements or changes at 45% and a lack of face-to-face communication and market volatility at 37% and 36%, respectively. Ongoing threats from the coronavirus, inflation and legislative inertia on muni issues in Washington, among other factors, also led a majority of those in municipal finance to believe a full economic recovery won’t be reached until at least July. Thirty-five percent of respondents said they believe a full economic recovery will happen in the second half of 2022, while 40% said they don’t believe it will happen until 2023. Fifteen percent believe it will occur during the first half of this year, and 10% believe the economy has already recovered.
Rising rates “We've had an unprecedented era of low rates," said Stephen Akin, founder of Akin Investment, a registered investment advisor. "Inflation really could get away from the Federal Reserve; it's not out of the realm of possibility.
Did Your advisor have you prepared for 2022?
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