SECOND QUARTER OF 2022: IT WAS AN UGLY QUARTER BY ANY STANDARDS
World stock markets moved significantly lower during the quarter; the S&P 500 Index fell 16.1%,the NASDAQ composite dropped 22.2%, the Dow Jones Industrial Average declined 10.7%, theMSCI All Country World Index fell 15.5% and the Bloomberg U.S. Aggregate Bond Index movedlower by 8.2%. For the first six-months of the year, the S&P 500 hadn’t […]