"Drilling or Chilling?"

  • By: Joseph R. Tranchini, CFA
  • July 2022

MONETARY

 

FISCAL

 

GEOPOLITICS

 

[See Below for Disclosures & Annotations]

DISCLOSURES

Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

The companies presented here are for illustrative purposes only and are not to be viewed as an investment recommendation.

Tax laws and regulations are complex and subject to change, which can materially impact investment results. LPL Financial does not provide tax advice. Clients should consult with their personal tax advisors regarding the tax consequences of investing.

 

ANNOTATIONS

  1. Federal Reserve. “Federal Reserve issues FOMC statement”. June 15, 2022.
  2. The Wall Street Journal. “Transcript: Fed Chief Powell’s Postmeeting Press Conference”. June 15, 2022.
  3. Federal Reserve. “Summary of Economic Projections”. June 15, 2022.
  4. Federal Reserve. “2022 Federal Reserve Stress Test Results”. June 23, 2022
  5. The White House. “FACT SHEET: President Biden Calls for a Three-Month Federal Gas Tax Holiday”. June 22, 2022
  6. The Wall Street Journal. “U.S. Blacklists Five Chinese Firms for Allegedly Helping Russia’s Military”. June 29, 2022.
  7. Reuters. “OPEC+ sticks to oil output policy, avoids debate on September plans”. June 30, 2022.
  8. CNBC. “OPEC+ sticks with planned oil production hike as supply concerns weigh on energy market”. June 30, 2022