Quarterly Market Review – Q3 2022

What at first looked like a turnaround quarter for the markets took a turn for the worse. Stocks and bonds worldwide finished with negative returns in the third quarter. Sentiment has soured because inflation has been much stickier than most had expected. Sustained inflation has forced global central bank plans to raise interest rates more (and quicker) than expected, which has caused all major asset classes to reprice downward this year.   

Download Capstone’s latest research presentation for a more detailed look at what’s happening lately in the markets and our updated market outlook.

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