Succinct Summary: Many are concerned that growth will slow but current US economic fundamentals are strong with high business and consumer confidence. Inflation pressures have mounted and some of those price increases are making their way to consumer goods. There’s more anxiety in the global economy, especially emerging markets.
Succinct Summary: Recent volatility has people concerned and some are starting to model in recessions. However the real economy is still strong and the outlook is positive. Securities markets are leading indicators though, especially when driven by Fed tightening. If the Fed doesn’t bow to political pressure, volatility is likely to persist. International markets have already been in bear markets for some time.