Financial Market Update May 6 2022

Insights | Financial Market Update May 6 2022

After a tough April, the first four months of 2022 have not been rewarding for investors. As of the date of this note the S&P 500 Index is down roughly 13% for the year. LPL Research looked at the price return for the index through April, and this decline is the third worst start to a year going back to 1928 as seen in the near table. Encouragingly, returns following a weak start to a year tend to be mostly positive. 

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HORAN Capital Advisors, LLC is an SEC registered investment advisor. The information herein has been obtained from sources believed to be reliable but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results. Market conditions can vary widely over time and there is always the potential of losing money when investing in securities. HCA and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and is not intended to provide and should not be relied on for tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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