Legacy's Perspective: Market Brief- Looking Forward
It has been a challenging year for investors across the board, as the S&P 500 just notched its third consecutive negative quarter for the first time since 2009. And equity investors are not alone in being penalized this year, as the fixed income market also notched its third consecutive negative quarter – for the first time since 1980. And the last time both of these markets did so simultaneously was over four decades ago.
The equity markets still have some lingering injuries to recover from as uncertainty remains high around the path of inflation, the path of interest rate hikes by the Federal Reserve, geopolitical risks and slowing economic growth. To add to this list of uncertainties, midterm elections are now less than four weeks away.
What Could Help Support Equity Markets?
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