Monthly Market Commentary for July 1st, 2022

The first half of 2022 saw the S&P 500 post its worst return through June in more than fifty years and the Bloomberg U.S. Aggregate bond index record its largest quarterly loss since 1980 before tumbling further into what the New York Fed described as one of the fastest, deepest, and longest bond selloffs in four decades. Needless to say, it has been a difficult environment for investors this year.