Weekly Market Recap | May 2, 2022
Week in Review Equity Markets: After a strong rally on Thursday, the S&P took a sharp turn downward to end the week down 3.3%. The S&P is negative 13% year-to-date. The equity market has many headwinds to overcome, including tightening monetary policy, inflation, the conflict in Ukraine, and the more recent slowing economic and earnings growth. A little over half…