June Market Update

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With so much buzz in the financial media, it’s important to stay focused on what is relevant to a long-term investor.

  • Equity markets have seen a volatile start to the year, with the S&P 500 down as much as 19% from its early January peak at times. A sharp move higher in interest rates on the back of a more hawkish Federal Reserve has pressured valuations.
  • Consumer sentiment is at levels typically seen in a recession, rendering a positive outlook for the market going forward
  • The market sell-off presents an opportunity to rebalance portfolios, if changes are needed.

As always, please contact us with questions.

-Judd

Sources

J.P. Asset Management. (23 May, 2022). Market Insights. Weekly Market Recap.