Outlook 2022: The U.S. economy bounced back from its worst year since the Great Depression in 2020 with one of the best years of growth in nearly 40 years in 2021. A combination of record stimulus, a healthy consumer, an accommodative Federal Reserve, vaccinations, and reopening of businesses all contributed to the big year. In 2022, the economy may be ready for a handoff—or a “Passing of the Baton”— back to a greater emphasis on the individual choices of households and businesses.
Ryan Detrick, CMT® is a sought-after member of the LPL Research, Market Insight Team and is a frequent commentator in the financial media. He is a common guest on CNBC, Fox Business and Bloomberg TV as well as contributor to the Wall Street Journal, Reuters and the Associated Press. As Senior Market Strategist, Ryan Detrick is a member of the LPL Financial Research tactical asset allocation committee, responsible for directly impacting the portfolio decision-making process, as well as a member of the market insights team, developing and articulating equity and general market strategy. In this role, he is a frequent presenter to clients, industry peers, and the national media on emerging and developing market trends.