Market Review July 2022
2022 is proving to be one of the more challenging years in financial market history. Over the first six months of 2022, the S&P 500 index tumbled almost 20% amid high inflation expectations and a hawkish Federal Reserve, whose ratehike plans could push the U.S. economy into recession. According to Dow Jones markets data, it was the worst first half performance for the senior index since all the way back in 1970 when it lost 21%.
