Managing investment portfolios during 2022, particularly so Q2, has been among the most challenging of my 33-year career. All major markets, indexes, industrial sectors, and investment styles ended Q2 deeply in negative territory. Stocks, as measured by the S&P 500® Index, had the worst first-half of a year going back 50+ years. Neither bonds nor holding cash itself provided relief.

This link is to a PDF containing our Q2 2022 Market Recap, Performance Review and Near-term Outlook. This Recap incorporates a broad review of global markets, including a series of directly comparable, globally diversified, balanced portfolio benchmarks constructed by iShares (by Blackrock). The commentary and performance information, coupled with the tabled data will, hopefully, help each reader evaluate their own portfolio performance in proper context with just a few numbers.

As always, I am available at any time, any day of the week, to discuss specific portfolio performance questions with all clients.

A.J. Walker, CFA CFP® CIMA®
Founder, President, and CEO
Lake Jericho, LLC