Spring 2022 Investment Commentary

After the most volatile quarter since the Pandemic broke out in March of 2020, the market looks to move on to better times. Between a reversal in the Federal Reserve’s policies to combat inflation, war breaking out in Eastern Europe and the US Treasury yield curve inverting, the S&P 500 ended the quarter down -4.6% on a total return basis. As we know, things are never so simple. The world and markets were a much scarier place just several weeks ago. However, as with the changing of the seasons, we are making progress towards hopefully brighter days ahead.