July's Live Market Update with CIO, Scott Mitchell
Description
"As we head into the second half of 2022, I wanted to take a moment to look back on what we have come through. For starters, the first 6 months of 2022 were the worst January-June period for the stock market since 1970. On top of that, US Treasury bonds, which are usually a safe haven in times of stock declines, lost about 11% in the first half, according to an ICE Bank of America index that tracks intermediate-term Treasury bonds. Let’s don’t forget inflation, which by many measures has risen at its fasted pace in about 40 years. Unfortunately, this all adds up to pretty miserable investment markets so far in 2022."
Signature Wealth Group's Chief Investment Officer, Scott Mitchell, brings us the July 2022 Market Update.
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