Most major asset classes rebounded to start the year after coming off a very difficult 2022. The S&P 500 increased by +7.5% in the first quarter, for the best start to a calendar year since 2019 and the second best overall in the last ten years. Meanwhile, the bond market also got off to a strong start as the Bloomberg Barclays US Aggregate Bond index (Agg), which acts as a proxy for the investment-grade bond market, increased by +3.0%.
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April 11, 2023
Q1’2023 Market Review and Outlook
Most major asset classes rebounded to start the year after coming off a very difficult 2022. The S&P 500 increased by +7.5% in the first quarter, for the best start to a calendar year since 2019 and the second best overall in the last ten years. Meanwhile, the bond market also got off to a strong start as the Bloomberg Barclays US Aggregate Bond index (Agg), which acts as a proxy for the investment-grade bond market, increased by +3.0%.
Read Q1’2023 Market Review and Outlook here ➡ https://bit.ly/3mmnCTP
Read our Framework for Navigating Current Conditions ➡ https://bit.ly/3CIjXDT
Read our Client Question – Market Timing Does Not Work ➡ https://bit.ly/3yOZXOP