Market Update February 2022
Submitted by Corrigan Financial, Inc on February 1st, 2022Stock markets closed down for the second straight month, with global equities off by 2.5% in February and 7.4% year-to-date. Overall, foreign stocks have outperformed U.S. stocks, while value stocks held up better than their growth counterparts. Russia’s invasion of Ukraine added geopolitical uncertainties to a global economy already grappling with supply constraints, soaring inflation, and pandemic related obstacles.
