Q2 2022 Market Review
Negative momentum picked up in the second quarter, causing the US stock market to officially enter bear market territory (down over 20% from its prior high). Stocks and bonds were both down, continuing a challenging investing environment where there was little shelter to avoid losses. International and emerging markets held up a little better than US stocks, a rare occurrence over the last decade as the US has had strong outperformance over that time. Stocks in the US were down 16.7%, international stocks were down 14.66% and emerging markets were down 11.45%. Bonds continued to fall as interest rates continued to rise, with US stocks down 4.69% and global bonds down 4.1%.
For a detailed Market Overview as well as an article on crucial lessons for weathering the stock market’s storm, click here.