Domain Money Advisors Q2 2022 Client Letter

Q2 Client Letter
Domain Money Advisors
6/30/22

Executive Summary

Dear client,

Without a doubt, the second quarter was a tumultuous one for stocks and cryptocurrencies. The S&P 500 fell 16.1%, the Nasdaq 100 fell 22.7%, BTC fell 56.6% and ETH fell 67.5%. In June alone, BTC was down 38%, its worst calendar month ever. 

Inflation and the policy response of the Federal Reserve were the most significant factors moving markets over the quarter.  Stock and crypto markets moved lower as it became clearer that the Federal Reserve will need to increase interest rates substantially to tame the highest inflation in a generation. Within the stock market, growth stocks were hit the hardest, underperforming value stocks by about 9% over the quarter.   

While all of those factors weighed on the macro environment, digital assets were faced with their own unique challenges. In May, we witnessed the collapse of Terra. Then, in the final weeks of the quarter many crypto companies faced liquidity and solvency issues.

View the complete market commentary and detailed performance of our strategies for the period April 1st through June 30th in our exclusive Q2 Investor Letter. Registered users can view the complete market commentary and detailed performance of our strategies in their inbox.

To become a registered user, download the Domain Money app. 


**Domain Money Advisors, LLC is providing this information for informational purposes only. While Domain Money Advisors, LLC believes that the information contained herein is reliable and derived from reliable sources, it makes no representation, warranty or undertaking, stated or implied, as to the accuracy or completeness of the information. Domain Money Advisors, LLC, and its parent company, Domain Money, Inc., expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed. The information contained herein is not, and shall not constitute an offer to sell, a solicitation of an offer to buy or an offer to purchase any securities or cryptocurrency, nor should it be deemed to be an offer, or a solicitation of an offer, to purchase or sell any investment product or service.  Investing comes with inherent risks and you should always invest within your means and risk tolerance.  Past performance is not an indication of future returns and you should always consult a financial advisor prior to making investment decisions. Please see important disclosures at https://domainmoney.com/legal

* As of the time of this writing, Domain Money Advisors, LLC clients are invested in: BTC, ETH