- For the quarter, equities posted negative returns, with the US being the exception where performance was slightly positive, while the fixed-income markets were mixed.
- A closer look at the broad equity markets reveals that year-to-date, it has delivered generally rising returns with some volatility interwoven in certain periods, which ultimately culminated in a material pullback in September due to concerns over Fed tapering and the prospect of chronic inflation.
- The past four decades have seen many challenges to the stock market, but the long-term trend is up, and it all comes down to time in the market, not timing the market.
For further details see:
Q4:2021 Capital Markets Outlook Video