Pomona Wealth Market Comment June 2022 - What do you do when the bears enter the room?
Equities markets have remained volatile as investors digest conflicting signals on the outlook for growth, central bank policy, and geopolitical risks. US economic data has been encouraging, while retail earnings have pointed to emerging weakness. Market gauges for the pace of Federal Reserve policy rate hikes have declined, despite relatively hawkish comments from Fed Chair Jerome Powell. China has moved toward phasing out lockdowns in Shanghai, while rising cases in B
