Investment Market
Commentary
3rd Quarter 2022, Investment Market Review

Although the stock market decline over the first nine months of this year seems, and is, dramatic, the valuation of the S&P 500 stock index is now at a level in line with long-run averages.  Recall that the long-term average annual return of the U.S. stock market is about 10%.  In the few years leading up to 2022, the market experienced far above average returns (18.4% in 2020, and 28.7% in 2021); the stock market was due for a correction.

Investing Education

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