Market Update March 2023
Submitted by Corrigan Financial, Inc on April 14th, 2023Global stocks and bonds each advanced about 3% in March, as investors survived a hectic month with solid returns. Despite bank failures and ongoing inflation concerns, domestic and foreign stocks had similar returns of about 7% for the quarter. The technology-based Nasdaq Composite index had a quarterly gain of 17%, a nice bounce after the 32% decline during calendar 2022.
