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Feb 2, 2023

2022 Annual Market Summary and Outlook

The market had a banner year in 2021, with the S&P 500 Index advancing over 25%, according to data from the St. Louis Federal Reserve. But tailwinds that fueled gains shifted dramatically in 2022; overall it was a tough year for investors. No longer were the economic fundamentals favorable. For stocks and bonds, 2022 was a year of survival. The S&P 500 index fell 18.1% for the year, the 3rd worst year for the S&P going back to 1980. Average bond investors did not fare much better, as the U.S. Aggregate Bond Index lost 13.1%. Going back to 1976, this is the worst return for the Aggregate Bond Index and only the 5th negative annual return over that period. The next closest was a -3% loss in 1994… to read more click HERE

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Reproduction Prohibited without Express Permission. Copyright FDP Wealth Management. All rights reserved. Advisory Services offered through FDP Wealth Management, LLC, a state Registered Investment Advisor. Securities offered through Valmark Securities, Inc., Member FINRA/SIPC | 130 Springside Drive Suite 300 Akron, OH 44333-2431 | 800.765.5201. FDP Wealth Management, LLC is a separate entity from Valmark Securities, Inc. If you do not want to receive further editions of this weekly newsletter, please contact me at (949) 855-4337 or e-mail me at info@fdpwm.com or write me at 8841 Research Drive, Suite 100, Irvine, CA 92618. FDP Wealth Management, LLC, Valmark Securities, Inc. and their representatives do not offer tax or legal advice. You should consult your tax or legal professional regarding your individual circumstances. Indices are unmanaged and cannot be invested directly in. Past performance is not a guarantee of future results.

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