Summer 2022 Investment Commentary

Stock market rocking headlines did not ease up in Q2, and volatility increased as the year trudged on. Indices around the globe decreased meaningfully for the second quarter and the first half of the year. The second quarter saw worries regarding the Russia/Ukraine conflict fade from media coverage and attention shift to the stubbornly high inflation which the war exacerbated. The Fed was late to the game and is now playing catch up, having to raise rates 25bps, 50bps and then 75bps in consecutive