
Pacific Wealth Management Market Comment (March '22)
The year 2022 began with financial market volatility we haven’t experienced since COVID burst onto our consciousness in early 2020. The uncertainties that inspired this volatility primarily surrounded the pace of our U.S. Federal Reserve bank unwinding their outsized fiscal and monetary policy response to the pandemic. Those uncertainties remain and have now converged with the conflagration in Ukraine. Our thoughts and prayers are with the Ukrainians and the entire region.