FOMC Minutes: Robust Growth In 2022

FOMC minutes indicated that members said the uncertainty about the economic outlook remained "high." Additionally, members foresee a "robust" growth in 2022. "More than 90% of the S&P 500 has already seen a correction this year, so timing your entry could be dangerous," says Adam Phillips. He believes that investors should understand their bets on and against companies like MSFT, AAPL, GOOGL, AMZN as they are now larger than the energy, real estate, materials, and utilities sectors.

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