Market Update: May 13, 2022
Welcome to the weekly market update from Signature Wealth Management. I’m Brian Ransom, Research Director from Signature Wealth and here’s what happened in the market this week. https://youtu.be/0sA1HGI21IE Volatility continues to grip the market as concerns about interest rates, inflation, and commodity pricing are high. Currently, the S&P 500 is down 17.8% from all-time highs and we are currently in the midst of a 30 day selling trend beginning at the end of March. In the news this week, Elon Musk elected to put is Twitter acquisition on hold [...]