Once again, equity markets had a great year with the S&P 500 posting a 29% return and a 3-year annualized return of 26%! The equity market returns are even more impressive in light of inflation concerns throughout the year, labor shortages, supply bottlenecks and the mutating COVID-19 virus. As we look toward 2022, our view is that many of these risks will continue and some specifically will have a more critical influence on market returns.

To read our full 4th Quarter Review, please access the report below.

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