Market Update December 2022
Submitted by Corrigan Financial, Inc on December 1st, 2022Global stock markets declined by nearly 4% in December, closing out a down year on a down note. During the fourth quarter, stocks actually rallied, with U.S. and foreign equities advancing by 7% and 14%, respectively. When it was all said and done, however, equity investors had their worst year since the 2008 financial crisis … as their holdings lost about one-fifth of their value.
