Market Overview
If an investor were to look at just the starting and ending index values for equities, it would show a quiet quarter with equities posting a very modest gain for the 1st quarter. The S&P 500 finished up 0.77% on a price only return basis. Looking deeper, however, reveals that investors were taken on a very wild ride, driven by fears of both a global and domestic recession, which saw equity markets sell off substantially and enter correction territory.
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