David Cohen

Markets picked up in September where they left off in August, with rising interest rates wreaking havoc on stocks and bonds alike. For the month, the Core Large Cap Equity category returned -10.1% while the Core Fixed Income category lost 4.2%.

Markets enjoyed a strong start to August, continuing a rally that saw rising asset values across the board in July. Alas, the second half of the month proved more challenging for investors, with prices of stocks and bonds suffering steep declines. For the month, the Core Large Cap Equity category re-turned -4.7% while the Core Fixed Income Category came in at -2.9%.

Markets enjoyed a strong start to August, continuing a rally that saw rising asset values across the board in July. Alas, the second half of the month proved more challenging for investors, with prices of stocks and bonds suffering steep declines. For the month, the Core Large Cap Equity category re-turned -4.7% while the Core Fixed Income Category came in at -2.9%.

Markets shook off the 2022 doldrums in July, with every income-oriented asset category tracked by HANDLS In-dexes gaining positive returns. MLPs rebounded from a dismal June to return 12.7% for the month of July, bring-ing year-to-date return to 23.5%. With the Utilities category gaining 5.4% in July to bring its year-to-date returns to 5.0%, MLPs and Utilities are the only categories to have earned positive year-to-date returns through July.

Investors concerned about the prospect of future interest rate hikes by the Federal Reserve may find it beneficial to review the historical performance of balanced portfolios during previous periods of rising interest rates.

Investors concerned about the prospect of future interest rate hikes by the Federal Reserve may find it beneficial to review the historical performance of balanced portfolios during previous periods of rising interest rates.

In an era of near zero interest rates, few investors have sufficient retirement savings to live off the income produced by a portfolio of low-risk bank deposits and Treasurys. Investors can strive to address this shortfall by reaching down the scale of fixed-income credit quality (to aptly named “junk” bonds) or through exposure to high volatility, high-yielding alternative asset classes.

In an era of near zero interest rates, few investors have sufficient retirement savings to live off the income produced by a portfolio of low-risk bank deposits and Treasurys. Investors can strive to address this shortfall by reaching down the scale of fixed-income credit quality (to aptly named “junk” bonds) or through exposure to high volatility, high-yielding alternative asset classes.