
Articles & Quarterly Market Commentary
2022 1st Quarter Update
In our end-of-year update, we warned of a likely pull-back in 2022, and it certainly arrived. US and global equity indices fell considerably with the technology sector faring the worst as expectations for interest-rate increases intensified. Nasdaq indices even reached “bear market” territory (i.e., a decline of 20%+) before surging to close the quarter.