David Darst’s August 2022 Market Recap

Sep 13 2022 | 1 min

Watch David Darst, CFA - Senior Advisor, share his recap of the major events in August 2022.

  • August started strong, continuing the July rally, but became volatile in the second half of the month.
  • The Federal Reserve announced it will keep raising interest rates, higher and longer than market expectations.
  • Inflation remains high despite a small decline, and the economy is still slowing down. The Family Office recommends diversification, risk mitigation by holding some cash, investing in private markets, and choosing a good investment manager.

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