Well, gosh, here we are again. This last quarter started on a somewhat positive note with stocks rising until the middle of August. That cheer didn’t last however as uncertainties about rising interest rates and the direction of the economy pushed us back to a bit lower than where we started. Bonds followed a similar pattern as folks wrestled with the idea that interest rates would climb higher than had been anticipated earlier this year.
Predicting the future for the various markets is impossible but that doesn’t prevent the pundits from trying. We do know that this year has been full of surprises, and we wouldn’t be taken aback if there aren’t a few more before this period of volatility is done.
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LSA Connect, Oct 6, 2022