Equity market volatility persisted in the third quarter as investors came to terms with a new reality of high inflation and rising interest rates.
When Russian president Vladimir Putin sent troops into Ukraine, he unraveled decades of efforts to cement peace in Europe after the Cold War.
Few investors would’ve anticipated the very strong returns we’ve seen, particularly in the US market.
Global equities surged in 2021 during a year full of surprises.
What we’ve seen this year is an exceptionally high rate of earnings growth across markets, but that’s not going to persist.