Weekend Update 9/25/2022

Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!

Fed warns markets with economic slowdown and increasing unemployment expectations

👩‍🚒  Extinguish inflation. As expected, Fed hiked #RisingYields rates another 75 bps with 125 bps more likely later this year. Volatile markets as investors settling in for longer #RisingYields and harsher #RecessionWatch landing as Fed fights persistent #InflationFears.

📉  Incoming recession? Fed warned big slowdown expected for US economy growing paltry +0.2% in 2022 and unemployment climbing to 4.4% next year. Markets tumbled as soft #RecessionWatch landing now unlikely and harsher landing scenarios getting priced-in. S&P 500 fell -5% as investors grow bearish on near-term recession forecasts.

🛢  Oil tumbles. Crude oil fell below $80 for the first-time since early January. Obviously, nothing has changed on the #UkraineCrisis front with Russia escalating tensions mobilizing more troops. However, global #RecessionWatch fears driving down pricing with lower demand forecasts.

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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.