2022 has been a challenging year! We’ve seen markets hit lows with virtually every market segment falling in value, including bonds. Inflation skyrocketed, hitting rates the US has not seen in 30 years. The most recent Consumer Price Index numbers were released this morning, reflecting a 7.1% inflation rate for the United States through November(1). This comes as reassuring news, as many economists were expecting higher numbers to close out the year. Albeit, 7.1% is still mighty high.