Moran Monthly Digest: Jan. 2022

We hope that you had a very happy and healthy holiday season. We are making progress on our exciting transition to becoming a Registered Investment Advisor, using BNY Mellon | Pershing to custody our clients’ assets going forward and no longer be affiliated with Wells Fargo Advisors Financial Network. We expect this transition to start in the second quarter of 2022. Please continue to watch your email for further communication in the coming months regarding details of the transition. As always, please reach out to your advisor or client service associate with any questions.

As we sit today, we expect the first half of 2022 to be positive for the equities market with continued Fed stimulus, post-Omicron opening, pent up spending and inventory rebuilding. In the second half of 2022, however, there could be more market disruption, primarily due to three key factors: (1) earnings growth slowing down from its current highs; (2) inflation remaining higher for longer; leading to (3) interest rates rising sooner than later. Consistent with our message last month, we believe that equities are still the place to be, as fixed income faces significant headwinds in a rising interest rate environment. On page 2 of our newsletter, we have shared with you Wells Fargo Investment Institute (WFII)’s 2022 Outlook.

It has been wonderful seeing so many of you in person at our client luncheons at the Ritz Carlton Beach Resort. We have two additional luncheons planned for 2022. Please see page 4 of the newsletter for dates and how to RSVP. As always, please contact our office if you have any questions or if we may be of help in any way. It is our privilege to be of service to you and your family.

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This commentary is for informational purposes only and does not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any securities. The views expressed are those of the author(s) as of the date of publication and are subject to change without notice. Past performance is not indicative of future results.

This material may have been prepared using data and analysis from a variety of sources, including but not limited to: Bloomberg, FactSet, Morningstar, S&P Global, Moody’s, Refinitiv, Capital IQ, CRSP, FRED, IMF, World Bank, OECD, and other third-party research providers. Additionally, portions of this content may have been generated or reviewed with the assistance of artificial intelligence tools, including OpenAI’s large language models or similar technologies. While we believe these sources to be reliable, we do not guarantee their accuracy or completeness.

Alternative Investments (e.g., private equity, hedge funds, real estate) are speculative, illiquid, and carry high risk, including potential loss of principal. They are not suitable for all investors. Diversification does not guarantee profit. Consult your advisor regarding suitability.

Moran Wealth Management is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training. For more information about our services, fees, and potential conflicts of interest, please refer to our Form ADV Part 2A, available upon request.

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