---
title: Market Thoughts for August 2022 [Video]
description: Will rising recession risks derail the financial market rebound? Commonwealth CIO Brad McMillan takes a closer look in his latest Market Thoughts video.
---

[The Independent Market Observer | Outlook. Opinion. Insight.](https://blog.commonwealth.com/independent-market-observer)

# [Market Thoughts for August 2022 \[Video\]](https://blog.commonwealth.com/independent-market-observer/market-thoughts-for-august-2022-video)

 Written by [Brad McMillan, CFA®, CFP®](https://blog.commonwealth.com/independent-market-observer/author/brad-mcmillan-cfa-caia-mai) | Aug 2, 2022 3:50:55 PM

After a terrible start to 2022, markets rebounded in July. U.S. and developed international markets were up by 5 percent or more, with only emerging markets trailing. The primary driver here was the Fed. It has raised interest rates close to a neutral level, and markets are anticipating the worst of the tightening cycle has passed. But with the U.S. economy contracting for the second quarter in a row, can the rebound continue? Stay tuned to my latest [Market Thoughts video](https://player.vimeo.com/video/735572645?h) to find out.

 

[View full post](https://blog.commonwealth.com/independent-market-observer/market-thoughts-for-august-2022-video)

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