Thought Leadership

The Market in Five Charts: July 2022

July 1, 2022 - A large amount of money flooded the stock market during the height of the pandemic. But now high inflation and persistent talk of a possible recession are dampening optimism about future market performance. Chief Investment Officer Rick Pitcairn says the next three to four weeks will be instructive as companies report their second quarter earnings and provide their outlook for the remainder of the year. “We're more at the beginning of this process than the end, which is why we've repeatedly said that we're not looking for some sort of V-shape stock market bounce back this year. We think it's going to take more time than that,” he says.

 

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About Pitcairn

Pitcairn is a true family office and leader in helping families navigate the challenges and opportunities created by the interplay of family and financial dynamics. Through Wealth Momentum®, an experience-based family office model, Pitcairn helps families achieve a more effective and complete experience. Since its inception, Pitcairn has partnered with some of the world’s wealthiest families to meet their needs and drive better outcomes – year to year, decade to decade, generation to generation. Today, Pitcairn is recognized as an innovator, guiding families through generational transitions and redefining the industry standard for family offices. The firm is located in Philadelphia, with offices in New York and Washington, DC and a network of resources around the world.