July 5, 2022
Global Asset Allocation Strategy Team
The bear is back — Out of hibernation so soon?
- U.S. equity markets entered bear market territory on June 13 as concerns about elevated inflation, slowing economic growth, and aggressive Federal Reserve (Fed) policy rattled the markets.
What it may mean for investors
- Historically, diversified portfolios have helped investors weather equity volatility and often have recovered more quickly than individual asset classes.