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Market Update – May 2, 2022

Donald Calcagni, MBA, MST, CFP®, AIF®

Chief Investment Officer


The Fed flexes it inflation-fighting muscles. Not only did the FOMC raise rates 50 bps, but in June they’ll start selling down the nearly $9 trillion in bonds on its balance sheet. Today’s news sparked a powerful rally in stocks, pushing the Dow up over 900 points. Yet another reminder why it’s critically important for investors to remain fully invested and well-diversified through good markets and bad.


Your advisor is always available to speak with you should you have any questions regarding your financial plan, risk tolerance, or just to check-in on things. Please feel free to contact your advisor at any time. Also, be sure to check out our Insights page for educational content and market updates.