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        From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Find out more.

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        2022 Midyear Market Outlook
        • Overview
        • A Macro View
        • Emphasize High-Quality Value in the Core
        • Limit Duration in Pursuit of Real Income
        • Consider Inflation-Sensitive Alternatives

        Finding Clarity Amid Complexity

        Download Outlook

        Tightening monetary policy, global supply shocks, and geopolitical uncertainty — combined with rising rates and surging inflation — have roiled markets and rattled investor sentiment. How can you reposition portfolios?

        Download Outlook

        3 Midyear Strategies



        Emphasize High-Quality Value in the Core

        Attractively valued firms with durable balance sheets may offer more consistent growth.

        Review your core

        Limit Duration in Pursuit of Real Income

        As rates rise, ultra-short and active, high income bond strategies may limit duration.

        Target real income

        Consider Inflation-Sensitive Alternatives

        Real assets, gold and broad commodities can help counter inflation’s bite and add diversification.

        Position for inflation

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        A Macro View

        Factors Complicating a Soft Landing

        Chief Investment Strategist Michael Arone, CFA, examines an investment environment that is more challenging than it has been in recent years.

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        Quick Reference Guide

        A summary of our investment ideas, with relevant SPDR ETFs and tickers

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        The views expressed in this material are the views of Michael Arone, Matthew Bartolini and Maxwell Gold through the period ended May 18, 2022 and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected.

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