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January 3-7, 2022 Recap

February 25, 2022

Cetera Weekly Recap

Equities Retreat from Fresh Record The S&P 500 registered its worst weekly start to a year since 2016 on concerns the Fed will raise interest rates at a faster pace to combat inflation. After setting a new all-time high on Monday, the benchmark equity index tumbled 1.94% on Wednesday after the Fed’s December policy meeting minutes revealed that a series of rate hikes may begin as early as March. The 10-year Treasury yield rose above 1.80% briefly. The quick jump in yields sparked a rotation out of higher-growth equities into cyclical value-oriented stocks.

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Brought to you by Cetera Financial Group and Megent Financial.  Your representatives are Ron Bickel - Investment Executive, Tom Borsellino - Investment Executive, Danielle Burton - Investment Executive, Eric Burton - Investment Executive, Reid Burton - Investment Executive, Nick Corcoran - Investment Executive, Mark Deimling - Investment Executive, Tim Holubik - Investment Executive, Doug Klimah - Investment Executive, Dan Lekki - Investment Executive, Michelle McNally - Investment Executive, Ron Whittingham - Investment Executive, & Lori Whittingham-Derby - Investment Executive.