Last week, the U.S. Federal Reserve raised its overnight lending rate by 0.75% and signalled further rate hikes given the recent inflation rate of 8.3%. As a result, stock markets sold off back to their summer lows.

Debt is relatively common in life. In 2019, 73.2% of Canadians had outstanding debt or used a payday loan. And if you feel like your debt is too high, you're not alone — 31% of Canadians believed they had too much debt.

"Worst 6 months in the US markets in 30 years" / "First time in decades both equity and bond markets are selling off"

Q2 2022 Review & Outlook

A challenging year for investment markets sums up the first six months of 2022. Several economic roadblocks have reversed both the positive sentiment and positive trend equity markets experienced in 2021. That said, within every episode of stock market turbulence lies a bedrock of opportunity.

The investment markets currently find themselves in a dog fight between two enemy aircrafts: inflation and rising interest rates. If one were to look beyond the horizon of stock market performance this year and focus on the pilot’s economic indicator instruments inside the cockpit, it would reveal a stark contrast.