Obermeyer Wood News - Fall 2022
The market continues to test the nerves and resolve of most -- if not all -- investors. In September, the S&P 500 posted a new closing low for the year, and the Dow fell into bear market territory for the first time since the broader market began to decline in January. Using history as our guide and an optimistic view of humankind’s ability to innovate and solve problems of all sizes, we are confident that this uncertain period will pass, just as they have before, and better times will return for investors. We continue to watch our clients’ portfolios closely and look for new ways to stay defensive and opportunistic in this shifting market.