Market Point Q3 2022 - Trust Point

The third quarter of 2022 was another difficult period for both stocks and bonds. Economic growth concerns remained prevalent in the face of very hawkish efforts from central banks determined to kill the hot inflationary backdrop. We are clearly in a more difficult phase of the business and market cycle, and as a result, markets are likely to remain volatile. This is not the time to be aggressive, so we continue to position portfolios with defense in mind.

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