2022 Midyear Market Outlook

Transitioning to a New Paradigm

Investors entered 2022 hoping it would be a year of ‘normalisation’, however the path to recovery has been challenged by Russia’s invasion of Ukraine. Moreover, the additional inflationary shocks generated by the ongoing war have increased the risks of an economic downturn.

We are now at an inflection point in history: the world is going to change in ways that are difficult to predict, and this creates further complexity.

In this Midyear Market Outlook, our experts share insights on four key themes shaping global markets, and provide perspectives on how investors can prepare for what’s ahead.


Webinar replay: 2022 Midyear Market Outlook

With the changes that have taken place in the first half of this year, an already challenging market has become even more complex.

Listen to our Chief Investment Officers as they discuss the key themes driving markets, and how they're preparing for what's ahead.

"We are now at an inflection point in history; the world is going to change in ways that are difficult to predict, and this creates further complexity."

Ritu Vohora, Investments Specialist, Capital Markets

2022 Midyear Tactical Views

As of May 31, 2022

The tactical allocation views are prepared by the T. Rowe Price Multi-Asset Division and informed by a subjective assessment of the relative attractiveness of asset classes and subclasses over a 6- to 18-month horizon.


2022 Midyear Market Outlook Summary

Catch the most important takeaways from this year’s Midyear Market Outlook in under two minutes with Ritu Vohora.

Investment Leaders

Arif Husain

Chief Investment Officer,
International Fixed Income

Sébastien Page

Chief Investment Officer,
Head of Global Multi-Asset

Justin Thomson

Chief Investment Officer,
International Equity

Ritu Vohora

Investment Specialist,
Capital Markets

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