Recap of 2022Submitted by Group W - Investment Management on January 6th, 2023
Across the board, 2022 was a challenging year for investors. Stocks had their worst year since 2008 with the S&P 500 Index dropping 19.4 percent. The possibility of a coming recession was the main cause of investors’ pessimism. To make matters worse, fixed-income assets (bonds) took a beating in 2022 as well. The U.S.