On May 5, 2022, UMF investment advisor Jim Lumberg of SouthCol Advisors, LLC, presented the first quarter market review, “Pin the tail on the next recession.”
Read the Q1 2022 Investor Letter here.
| Segment Time | Segment Content |
| 00:00 – 00:32 | Introduction |
| 00:32 – 02:37 | Global Equity Markets Year to Date 2022 |
| 02:37 – 02:52 | S&P 500 Index: Trailing 180 days |
| 02:52 – 03:24 | S&P 500 Index: Daily Price Volatility |
| 03:24 – 03:41 | Market Volatility |
| 03:41 – 04:16 | S&P 500 Sector Performance |
| 04:16 – 05:02 | S&P 500 Price / Earnings Ratio |
| 05:02 – 05:40 | 10-year Treasury Yield |
| 05:40 – 06:44 | Pin the tail on the next recession |
| 06:44 – 07:10 | Current Market Environment |
| 07:10 – 07:34 | Historical Changes in Consumer Prices |
| 07:34 – 07:52 | Unemployment Rate |
| 07:52 – 08:56 | The Fed’s Influence on the Economy |
| 08:56 – 09:29 | Manipulating Short Term Interest Rates |
| 09:29 – 10:07 | Open Market Operations |
| 10:07 – 11:07 | The Fed’s goldilocks path to a soft landing |
| 11:07 – 12:37 | But it might be too hot or too cold |
| 12:37 – 13:45 | And it is really hard to be just right |
| 13:45 – 14:24 | But for now, the market has hope for a soft landing |
| 14:24 – 14:42 | Performance as of May 4, 2022 |
| 14:42 – 15:57 | Doing Good: Environment |
| 15:57 – 16:45 | Doing Good: Social |
| 16:45 – 17:15 | Doing Good: Corporate Governance |