Tag archives: 3rd quarter
Third Quarter 2022: Bear Market Rally Fizzles as Interest Rates Rise
U.S. stocks ended the quarter off 4.7%, down 24.8% in 2022 and at a two-year low – Bonds also reached new lows, extending historic drawdown, down 15% in 2022 – High inflation (latest CPI from August of 8.3%) driving a more aggressive Fed policy – base rate now seen rising to 4.6% peak in 2023 […]