Resources

By Dr. George Calhoun
Hanlon Investment Management Advisory Board Member
Executive Director of the Hanlon Financial Systems Center

We are in the midst of fourth quarter 2022 earnings reporting season, with big banks having already reported and big tech results imminent. The consensus opinion of the market is that we are in for some underwhelming results, in both Q4 of 2022 and for at least the first quarter of 2023. This has been the theme for much of the year-long bear market – earnings expectations are too high and need to be adjusted.

“We must use time creatively,
in the knowledge that the time
is always right to do right.”

– Martin Luther King, Jr. –

2022 should have been a year in which global investors breathed a collective sigh of relief, as we put the worst of the COVID-19 pandemic behind us and navigated the lingering variants with significantly lower hospitalization and mortality rates.

By Dr. George Calhoun
Hanlon Investment Management Advisory Board Member
Executive Director of the Hanlon Financial Systems Center

The fourth quarter of 2022 continued the year-long theme of stubbornly persistent inflation, with some investors caught off guard by the Federal Reserve’s (“the Fed”) resilience in continuing to hike rates in the face of rising recession risk.

On December 23, 2022, the US House of Representatives passed the omnibus Consolidated Appropriations Act of 2023 that included a retirement bill titled SECURE Act 2.0.

May Peace, Joy, Hope and Happiness be yours during this Holiday Season and throughout the New Year.

“Inflation remains far too high. ” — Jerome Powell, Chair of The Federal Reserve (Nov 30)

As we wind down 2022, the collective attention of the financial industry shifts towards 2023, with most major Wall Street firms issuing insights and projections to aid investors in making any adjustments to their asset allocation for the coming year.