
Market Update, Fourth Quarter 2022 – Phase Out, Phase In…
What Did We See? U.S. Large Cap stocks, or the S&P 500 index, were up about 8% in Q4, down about 18% in 2022. The developed market of Japan was up about 3%. Europe and the U.K. were up about

What Did We See? U.S. Large Cap stocks, or the S&P 500 index, were up about 8% in Q4, down about 18% in 2022. The developed market of Japan was up about 3%. Europe and the U.K. were up about
"These are interesting and potentially volatile times that call for diversification, balance and patience in one’s portfolios."
Please click here to read my market commentary for 3Q26!
"That’s the lesson worth sitting with more than any single data point below: being rightfully defensive during Q1 did not help you during Q2. Markets can quickly move from one regime to the next and back again."
Please read my market commentary for 2Q26!
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