April was a rough month for investors. The tech-heavy NASDAQ posted a -13.3% for the month, its worst monthly performance since the Financial Crisis (October of 2008). The broader benchmark S&P 500 (-8.8%) fared only slightly better, but you would have to back to the throes of the pandemic (March of 2020) for a tougher month. There are two realities that we’d like to remember as we go through our analysis: 1) As the best investors always say, volatility is the “price of ad

US stocks finally pushed back during the second half of March, turning a 1st Quarter correction into a more palatable decline. The recovery is a significant sign of resilience given it was in the face of a steady drumbeat of bad news: war in Ukraine, continuing high inflation, a Fed ready to fight it, and a consumer starting to feel the effects of all the above. As of the 2nd Quarter of 2022 there are growing signs that the US and global stocks could be facing some serious h