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Astoria Strategic Wealth

Money Talk! October 2022

Equity and bond markets alike continued to struggle in the third quarter of 2022 making it one of the worst starting nine month stretches in decades. Most asset classes touched new yearly low points which were previously reached just a few months prior in June. Often, high quality fixed income offers support for portfolios and investors during tough economic times when risk-oriented markets struggle (i.e. stock markets), but broad based fixed income markets have had the worst year in 50 years (as measured by the Bloomberg US Aggregate Bond Index), so they have offered little downside protection compared to prior cycles.

Read on as we discuss a dizzying quarter!