facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause
Weekly Market Update with Brian Ransom 9 December 2022 Thumbnail

Weekly Market Update with Brian Ransom 9 December 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.

In the week following Jerome Powell’s press conference, the market is showing a little bit more weakness with labor market data reporting a bit stronger than expected, reigniting fears of another 75 basis point hike from the Fed later next week. Whether we go back to retest those lows established in early October or finally break from the 12-month downtrend is still up in the air.

In the news this week, the labor market remains very tight despite layoffs from the large tech companies. The FTC sues Microsoft, seeking to block the acquisition of video game giant Activision. And Chinese Apple supplier Foxconn wrote a letter to party leaders imploring them to ease the zero-covid policy or lose power in the global supply chain and the world economy. The letter appears to have had a positive effect.

Next Wednesday, December 14th, marks the last rate hike of the year. The market currently anticipates a 90% chance of a smaller, 50 basis point hike, breaking the trend from the last 4 hikes. There is a small, anticipated chance of a 5th 75 basis point hike. Essentially this means the market should not be significantly affected by a 50 basis point hike itself but could be negatively effected should the Fed continue to be aggressive. I suspect that the Fed will do as anticipated but this also means the market will not necessarily react to interest rate changes itself but the language Powell uses in the press conference.

If the assumption is that 75 point hikes are over and we’re slowing down the pace of increases, attention should now turn to the anticipated peak rate and the number of months we stick with that rate. Currently, the market is anticipating that peak rate finding a spot somewhere around 5% through July of 2023. Anything that results in higher rates for longer would be viewed negatively by the market.

For more information on this topic or a variety of other topics including market updates, financial planning, and wealth management please visit our vlog at signaturewmg.com/vlog. If you like our content, feel free to share it with friends and family. And don’t forget to smash that subscribe button!


1.FactSet Research Systems. (n.d.). S&P 500 (Interactive Charts). Retrieved December 9, 2022, from FactSet Database.

2.FactSet Research Systems. (n.d.). Policy Rate Tracker (Markets). Retrieved December 9, 2022, from FactSet Database.

FactSet Research Systems. (n.d.). Policy Rate Tracker (Markets). Retrieved December 9, 2022, from FactSet Database

Signature Wealth Management Group is registered as an investment adviser with the SEC. Signature Wealth only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. 


Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change. 


Information contained herein does not involve the rendering of personalized investment advice, but is limited to the dissemination of general information. 

The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general.


Fixed income investments are subject to various risks including changes in interest rates, credit quality, inflation risk, market valuations, prepayments, corporate events, tax ramifications and other factors.

Past performance does not guarantee future results. Consult your financial professional before making any investment decision.

Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. The use of words such as “will”, “may”, “could”, “should”, and “would”, as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. 


Information is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein.

The S&P U.S. Style Indices measure the performance of U.S. equities fully or partially categorized as either growth or value stocks, as determined by Style Scores for each security. The Style series is weighted by float-adjusted market capitalization (FMC), and the Pure Style index series is weighted by Style Score subject to the rules described in Index Construction.

All information presented prior to an index’s Launch Date is hypothetical (back-tested), not actual performance. The Index returns shown do not represent the results of actual trading of investable assets/securities. S&P Dow Jones Indices LLC maintains the Index and calculates the Index levels and performance shown or discussed, but does not manage actual assets. Please refer to the methodology paper for the Index, available at www.spdji.com for more details about the index, including the manner in which it is rebalanced, the timing of such rebalancing, criteria for additions and deletions, as well as all index calculations.