Historical Year Data · 2022
Convex Risk Appetite Index in 2022
Convex Risk Appetite Index opened 2022 at 34.00 and closed at 33.00, a -2.94% move for the year. The high of 82.00 was reached on August 11, and the low of 10.00 on December 14.
Open
34.00
2022-01
Close
33.00
365 data points
High
82.00
Aug 11
Low
10.00
Dec 14
Full Year Change
-2.94%
2021 Change
-42.11%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 34.00 | 49.00 | 64.00 | 34.00 | +44.12% |
| Feb | 50.00 | 62.00 | 73.00 | 43.00 | +24.00% |
| Mar | 51.00 | 41.00 | 65.00 | 41.00 | -19.61% |
| Apr | 40.00 | 37.00 | 46.00 | 27.00 | -7.50% |
| May | 38.00 | 58.00 | 58.00 | 22.00 | +52.63% |
| Jun | 60.00 | 38.00 | 69.00 | 38.00 | -36.67% |
| Jul | 40.00 | 55.00 | 76.00 | 31.00 | +37.50% |
| Aug | 56.00 | 67.00 | 82.00 | 56.00 | +19.64% |
| Sep | 64.00 | 58.00 | 77.00 | 46.00 | -9.38% |
| Oct | 57.00 | 50.00 | 72.00 | 36.00 | -12.28% |
| Nov | 51.00 | 23.00 | 54.00 | 13.00 | -54.90% |
| Dec | 18.00 | 33.00 | 33.00 | 10.00 | +83.33% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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