QVML - The S&P 500's 2022 Descent Continues

• Although the U.S. economy got a positive boost as crude oil prices dropped, S&P 500 continues its downward descent as economic reports confirmed President Biden's inflation reached a new high in February 2022.
• The highest inflation in 40 years, which will compel the Federal Reserve to hike short-term interest rates, had a more negative effect for S&P 500, as stock prices continued their downward descent on that news.
• We anticipate the upcoming report for March 2022 will show more of the invasion's impact on oil, food, and commodity prices, which will come on top of the now well-established inflationary forces enabled by the Biden administration's policies.

For further details see: