The Independent Market Observer

A Step Back for Summer

Posted by Brad McMillan, CFA, CAIA, MAI

Find me on:

This entry was posted on May 20, 2022 2:47:00 PM

and tagged Commentary

Leave a comment

gratitude-cHi, everybody. It has been a busy week. Even though the market continues to drop, frankly I don’t have much to say that I haven’t already said. So, this will be a very short post!

Going forward, it won’t be the only one. I am going to take a step back over the summer. If there is nothing much to say on a particular day, you might well not see a post. Hopefully, this will give me more time to think about things, making the posts I do write even better.

In any event, with the regular updates we do and the fact that I will indeed still be posting regularly, there will be no shortage of content. Instead, there will be just the occasional day off, which I certainly need—and perhaps you do as well.

Have a great weekend!

Subscribe via Email

Crash-Test Investing

Hot Topics

New Call-to-action



see all



The information on this website is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.

Certain sections of this commentary contain forward-looking statements that are based on our reasonable expectations, estimates, projections, and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Past performance is not indicative of future results. Diversification does not assure a profit or protect against loss in declining markets.

The S&P 500 Index is a broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks. All indices are unmanaged and investors cannot invest directly in an index.

The MSCI EAFE (Europe, Australia, Far East) Index is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The MSCI EAFE Index consists of 21 developed market country indices.

One basis point (bp) is equal to 1/100th of 1 percent, or 0.01 percent.

Third-party links are provided to you as a courtesy. We make no representation as to the completeness or accuracy of information provided on these websites. Information on such sites, including third-party links contained within, should not be construed as an endorsement or adoption by Commonwealth of any kind. You should consult with a financial advisor regarding your specific situation.


Please review our Terms of Use

Commonwealth Financial Network®