Transcription of December 2021 2022 Outlook
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December 2021 2022 Outlook
Investment and Insurance Products: NOT FDIC Insured NO Bank Guarantee MAY Lose Value2022 Outlook Which way to the recovery? December 20212 | 2022 Outlook Please see pages 25&27 for important definitions and risk markets have reached a crossroads at the threshold of 2022. Despite a third straight year of strong stock market price gains, many investors now perceive a delicate balance between further asset price appreciation and a potential retreat from the risk-taking environment in place since the economy reopened in 2020. Investing inherently invites questions about future uncertainties a wall of worry, as it s called.
Source: Wells Fargo Investment Institute, December 8, 2021. *Latest economic and market data as of November 30, 2021; latest 2021 earnings per share figures reflect consensus estimates. Forecasts, targets, and estimates are based on certain assumptions and on our current views of market and economic conditions, which are subject to change.
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