Washington and Wall Street were wrong in their forecasts for 2022, writes profinance.ru portal referring to Bloomberg. The Fed believed that the jump in inflation in 2021 was a temporary phenomenon, but the reality was different. The price increase was not only stable, but also reached the forty-year highs, exceeding almost three times the level expected by the regulator. Wall Street forecasted moderate market dynamics and a 5% gain for the S&P 500 this year, but even these forecasts were far from the true state of affairs. The S&P 500's decline, currently at 19%, could be the largest since the 2008 global crisis. And U.S. government bonds are poised to close the worst year on record.

The degree of inconsistency between the forecasts of most leading analysts, economists and investors in reality has instilled uncertainty in market participants as to what the coming year will be. on the one hand, business is concerned about the approaching recession, but leading banks including Goldman Sachs and Gredit Suisse, are still optimistic, believing that the U.S. will be able to avoid it.