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Q3 2022: Economic Review

Hay Hill Wealth CIO Stephen Dowds and Investment Director Charles Armitage review key events of Q3 and share thoughts for outlook ahead.

"The current bear market is at its heart, a transition from a long period of extraordinary monetary stimulus back to a world where interest rates, both nominal and real, return to being positive."

The full report can be obtained by clicking on the link below or by contacting us directly at

Economic Outlook
Download PDF • 549KB

This communication does not constitute advice or a personal recommendation or take into account the particular investment objectives, financial situations or needs of individual clients. It is not intended for re-distribution. Clients are advised to contact their investment advisor as to the suitability of each recommendation, for their own circumstances, before taking any action. The investor is in particular recommended to check that the information provided is in line with his/her own circumstances with regard to any legal, regulatory, tax or other consequences, if necessary, with the help of a professional advisor. The value of securities and the income from them may fall and you may get back less than you invested. No responsibility is taken for any losses, including, without limitation, any consequential loss, which may be incurred by clients acting upon such information and views contained within this report.

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