By: Wade Austin
The summer rally (that began mid-June, gained impressive momentum in July, and broadened during early August) lifted asset prices across the board.
After flirting with bear market territory in mid-May, equity markets rebounded off their lows through early June on emerging signs that inflation had finally peaked by April.
Investors were relieved to eke out modest gains in broad stock and bond indices in May after yet another extremely volatile month for capital markets.
The magnitude of risk factors associated with inflation, war, and disease mounted in April leaving investors with few places to hide.
The first three months of 2022 proved to be traumatic for the world and challenging for investors.
By: Mary Alex Edmiston
Inflation continues to be the topic of conversation, especially since Russia’s attack on Ukraine.
Russia’s invasion of Ukraine ignited turbulence across global markets as stocks and bonds broadly declined in February.
We are greatly dismayed by Russia’s invasion of Ukraine and appalled at the unfolding humanitarian tragedy.
Markets began the new year on a positive note with the S&P 500 reaching an all-time high on January 3rd, the first trading day of 2022.