Quarterly Newsletter

Maintaining Our Balance

Volatility has returned to the equity markets, as central banks look to normalize their
policies and, more recently, in response to the escalating Russia/Ukraine conflict. Given
the relative composure of the markets’ climb in 2021, we may have forgotten that
volatility is a permanent fixture in the markets. On average, corrections occur around
once every year, though markets were largely immune to this occurrence last year.

Click here to read the Spring 2022 Letter