Q1 2022 Market and Economic Update

Last quarter we started this commentary with the following sentence:

Calendar year 2021 was one for the record books.

As a reminder, we ended the year having endured 11 quarters of a global pandemic that upended economies, that witnessed extraordinary fiscal stimulus by governments around the world, that saw monetary policies globally extraordinarily loose, that paralyzed supply chains leading to questions about the sustainability of globalization and yet equity markets shrugged it off providing double digit returns in 2021.

Read more in our Q1 2022 Market and Economic Update.