The Quarter in Review
Most of the negatives that investors experienced in the first half of the year continued into the third quarter, as stubbornly high inflation, interest rate hikes and concerns about a pending recession weighed heavily on investor sentiment. While it’s difficult to predict if inflation is near its peak or if we are near the end of the rate hiking cycle, there are reasons for optimism on both fronts, which we outline within…
Read more in our Q3 2022 Market and Economic Update.