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2022 Q3 Investment Letter (Bear Markets & Recoveries)
https://vimeo.com/781604302 The S&P 500 Index returned -4.88% and the S&P Global Broad Market Index returned -6.58% in the quarter ended September 30, 2022, driving the markets even further into bear market territory.1, 2 While bear markets are never pleasant, it’s important to remember that these periods of downward volatility are quite common, have historically been …