Market Summary - May 2022
If you don’t already know, there is no nice way to say it – at the moment, everything about investing looks awful. Bond values are declining as interest rates rise and equities markets are well into a correction. In addition, high inflation is reducing the purchasing power of your dollars. The downward trend of the first quarter continued into April. While many things are out of our control as investors, SoundView’s Investment Committee is focusing on ways we can mitigate the impact of current volatility, reduce risk and preserve capital in portfolios. I encourage you to read Kevin Slater’s article for insights on the factors affecting various markets and how our Investment Committee is responding and repositioning client portfolios.