The Quarter in Review – No Place to Hide
The pain that investors experienced in the first quarter continued unabated in the second quarter; in fact, taken together, the first six months of 2022 was the worst for investors since the 1930’s and is being called the “everything sell-off”. The last time that both stocks and bonds declined in tandem was in the 81-82 bear market and recession. There was literally no place for investors to hide, even commodities were not immune.
Read more in our Q2 2022 Market and Economic Update.