MATCO'S QUARTERLY MACRO OVERVIEW – Q1 2022

Investment markets have been volatile in the first quarter of 2022. Rising interest rates, rising inflation and the Russia-Ukraine geopolitical uncertainty have been weighing on markets. While several economic fundamentals remain very healthy, the market has been unable to gain meaningful traction. Our outlook for 2022 remains modest, but we anticipate reacceleration in 2023.

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