The phase of business cycle US stands in 2022

As expected, the Federal Reserve had sent economic signals that they will be tightening their policy on interest rates. This is not surprising given recent indicators which show America's economy to still face some problems even though it is growing steadily again after suffering through what seemed like an endless recession early last year.

Key elements

The economy is in the midst of a growth recession, but it may be bottoming out. The correction that hit China could cause other countries' economies to suffer as well- especially those with large manufacturing sectors like America or Japan which rely heavily on exports.

The Fed seems ready for tighter monetary policy - meaning less liquidity and higher rates will likely occur soon enough if they haven't already happened by now! This change would definitely have an effect not only here at home where people's finances might get worse due to lack of credit opportunities; businesses across all industries can expect more challenging competitors in international market places.

Situation in US

The economy is thriving, with strong consumer balance sheets and favorable credit conditions. The labor market continues to face shortages that could pose inflation risks for business activity; however, the high level of wages may help support spending in coming months as consumers rely less on price increases than they did before due mainly because wage growth has been steadily increasing over time while other costs such as prices remain stable or decline slightly.

The Federal Reserve has been hiking interest rates despite economic slowdowns elsewhere around the world which might cause some minor delays but it won't stop them from doing what needs done.

Situation globally

The global economy is in a growth recession, but the industrial cycle may be bottoming. In China rising inventories relative to sales are signs that manufacturing activity has slowed from last year's high levels of production and consumption across many countries struggling with COVID-19 challenges while inflation rates remain high.

The world struggled through 2019; however some major economies such as those found within Europe have been relatively calm during this time period due primarily because they've experienced strong economic development over recent years which allowed them not only withstand any given crisis or difficult situation locally on their own soil-but also brought about conditions where people can actually enjoy more prosperity than before if ever so slowly sink into poverty.

Asset Allocation

Financial markets have become increasingly sensitive to and dependent on extraordinary levels of policy support, leaving them potentially vulnerable. 

The economic backdrop is less accommodative than it once was, making stocks more susceptible now that their valuations reflect positive expectations built into prices rather than just fundamentals alone. This may strain liquidity during 2022 raising the odds for higher market volatility.