We’re about to wrap up 2022, and it's time to take stock of the stock market. Earlier this month, we got some good news on inflation – the November data showed the rate of price increases slowing to 7.1% annualized, from 7.7% in the prior month. That was followed by the Federal Reserve’s seventh interest rate hike of the year, an increase of 50-basis points that marked a slowdown from the previous run of four 75 bp hikes. But comments from Fed Chair Jerome Powell have made it clear that, while t