Uptrend in the months ahead?


SPX up 8.88% from June 17 low

June 17, 2022 July 20, 2022
S&P 500 3636.87 (Low) 3959.9 (Close) ⬆︎ 8.88%
2Y 3.192% 3.242%%
10Y 3.236% 3.030%

Is IR risk priced in, at least for the time being? or more bloodbath ahead? What is the current consensus as to where the Fed Funds Rate will be in November/December 2022?

FOMC Meetings

July 26-27

Sep 20-21*

Nov 1-2

Dec 13-14*

* Meeting associated with a summary of economic projections

CPI Release Date

Aug 10, 2022 (July)

Sep 13, 2022 (Aug)

Oct 13, 2022 (Sep)

Nov 10, 2022 (Oct)

Dec 13, 2022 (Nov)


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