Economic Update: July 20, 2022
2022 has been painful for investors in nearly every asset class. Please join us as we review the first half of the year, highlighting a few areas that did work in investors favor and the many that did not.
- The first half of 2022 was one of the worst 6-month periods for stock and bond investors in history.
- Rising interest rates led to a rapid repricing in assets and created a “bear market in everything”.
- Market volatility is likely to remain elevated for the foreseeable future.