As the second year of the pandemic came to a close, the looming threat of COVID19 continued to drive volatility across global markets. Despite the dual economic headwinds of the omicron variant and inflationary pressure, U.S. markets saw a strong fourth quarter to end a headline-centric, but robust 2021.
As investors look forward to 2022, there appears to be more uncertainty compared to the vaccine optimism felt just a year ago. As the omicron variant’s effect on global markets becomes more apparent, investors who have ridden previous waves have been rewarded with seemingly irrepressible markets. However, this may be tested in early 2022.
Read the Retirement Market Recap to learn more about the Q4 market performance. If you have any questions about retirement plan services, or would like to begin talking to a retirement plan advisor, please get in touch by email or by calling (800) 388-1963.