markets & economy  | june 29, 2022

2022 Midyear Market Outlook Webinar: Transitioning to a New Paradigm

Hear directly from our senior investment leaders as they share a market forecast and actionable insights for the remainder of 2022.

49:21

 

Key Insights

  • While we entered 2022 anticipating a year of “normalization,” geopolitical unrest, high inflation, and rising interest rates have created continued headwinds for markets. You’ll learn how these ongoing challenges may impact your investments.

  • We’ll examine four key themes currently shaping markets and provide insights into potential opportunities in an unpredictable environment.

View Transcript ▾

2022 Midyear Market Outlook: Transitioning to a New Paradigm

Hello and thank you for joining us for T. Rowe Price’s “2022 Midyear Market Outlook”, “Transitioning to a New Paradigm.”

My name is Ritu Vohora, and I’m an investment specialist covering global capital markets and my role is to provide our clients with a broad perspective into the views of our multi-asset, equity and fixed income investors here at T. Rowe Price.

Investors have endured an extraordinary two years and entered 2022 hoping it would be a year of normalization...

with diminishing market distortions related with the pandemic and the gradual fading of unprecedented stimulus.

Economic growth was widely expected to remain resilient despite rising inflation expectations increasing the risk that central banks would need to raise interest rates.

However, Russia's invasion of Ukraine has presented investors with a new set of challenges.

Beyond the human tragedy, the economic, financial and political shocks could be disrupted for many years.

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

In today's conversation, we will explore key themes we think could shape market performance.

And, importantly, what that could mean for your portfolios.

Our four overarching topics are: navigating challenging currents, fundamentals matter, flexible fixed income, and managing through geopolitical risks.

I'm delighted today to be joined by three fantastic speakers, and so great that we can do it in person.

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Important Information

Investment Risks: All investments involve risk, including possible loss of principal.

International investments can be riskier than U.S. investments due to the adverse effects of currency exchange rates, differences in market structure and liquidity, as well as specific country, regional, and economic developments. These risks are generally greater for investments in emerging markets.

Fixed-income investing includes interest rate risk and credit risk. When interest rates rise, bond values generally fall.  Investments in high-yield bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities.

Investments in certain industries that involve activities related to energy, natural resources, real estate, commodities, infrastructure, and other real assets are more susceptible to adverse developments affecting one or more of these industries than a more broadly diversified investment would be and may perform poorly during a downturn in any of those industries.    

Diversification cannot assure a profit or protect against loss in a declining market.

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