Weekend reads: As the Fed turns, so does investors' outlook for the stock market in 2022

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ICYMI: Producer prices were up 9.6% in November from a year earlier, the government said. The Fed said it would accelerate the slowdown of its bond purchases and wind them down to zero in March.

Maybe you’ll be seeing the word “transitory” less often in the financial media, unless it is to poke fun at Federal Reserve Chairman Jerome Powell and other central-bank officials’ pivot to hawkishness on monetary policy.

With all the warnings in the financial media that a change in policy by the Federal Reserve would spook the stock market, investors’ reaction was mild when the Federal Open Market Committee said on Dec. 15 that it would accelerate the slowdown of its bond purchases and wind them down to zero in March. That might put upward pressure on long-term interest rates. Then again, negative interest rates outside the U.S. may keep demand for U.S. Treasury paper high enough to hold yields down.

A contrarian list of stocks for 2022 Barbara Kollmeyer writes the daily Need to Know column, summarizing the early market buzz each day. But this week she shared something for investors looking ahead to different action in the stock market after such excellent performance for the broad indexes during 2020 and 2021. Here are lists of contrarian stock plays for 2022 from analysts at Citigroup.

Video games, money and life Jeremy Olshan, managing editor for Barron’s Group, interviews Ninja, a popular-videogame streamer, about the lessons games can teach people about money, budgeting and life-skills. Debbie Carlson explains how brutal capital-gains distributions can be for mutual-fund investors because of the tax consequences.

 

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Isn't year over year still kind of a bad comparison at this point?Didn't producer costs fall drastically in the wake of the full economic shutdowns? What was the YoY number from Nov 2020 compared to Nov 2019?I am very curious about this (and I do agree massive inflation exists)

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