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June 30, 2022

Investment Outlook 2nd Quarter 2022

Equity and fixed income investors faced headwinds in the second quarter that were eerily similar to the first quarter, yet to differing magnitudes. Financial conditions tightened as interest rates continued their move higher across the maturity spectrum, while credit spreads widened, equity markets declined, and the U.S. dollar strengthened. Additionally, energy prices increased further, resulting...
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