The major benchmarks we track produced negative total returns for the Year-to-Date of 2022.
- The MS World Equity Index decreased -20.29%.
- The Balanced Index of 60% MSCI World Equity and 40% BC US Aggregate Bond decreased -16.33%.
- The Conservative Index of 40% S&P 500 and 60% BC US Aggregate Bond decreased -14.19%.
For the next twelve months, we will be prioritizing domestic value stocks and short term fixed income over international stocks. We’re projecting that global equities will produce below normal total returns. We also believe that fixed income total returns will be nominal to negative, and we will continue to favor short to intermediate term investment grade bonds.
You can review our current outlook and policy by going to the Client Info page.