The past few months have been an emotional ride for many investors, as stocks and bonds offered glimpses of hope early in the third quarter, only eventually to succumb to the continued pressures of persistent inflation.

The second quarter of 2022 was challenging for investors as markets responded negatively to shifting interest rates, supply chain snarls, inflationary pressures, and geopolitical challenges.

In the first quarter of 2022, the markets encountered more global turmoil and economic uncertainty than at any period for decades. Already buffeted by Covid-related supply constraints and more, the world was jolted.