Close this search box.

Quarterly Market Review – Q4 2021

Our Quarterly Market Reviews are written and edited by HFG Trust’s Director of Investments, Kevin Floyd, CFA, CFP®, AIF®. For over a decade Kevin has held positions in the wealth management and investment services industry, and currently serves on our HFG Trust Investment Committee. Prior to joining HFG Trust, Floyd worked in firms across Washington state as well as in Australia, bringing with him a vast knowledge of investment research, strategy, and management.

Executive Summary:

  • All equity classes were positive for the quarter with global REITs posting the strongest returns with +12%.
  • Annual inflation ending November 2021 has accelerated to 6.8%. A majority of this increased inflation is expected to be transitory.
  • Federal Reserve is expected to start raising rates in 2022 and into 2023.

To read our full version of the Quarterly Market Review for Q4 2021, click on the image below to open and download the document.


This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice. Community First Bank, HFG Trust, and HFG Advisors have no duty or obligation to update the information contained herein. Further, Community First Bank, HFG Trust, and HFG Advisors make no representation, and it should not be assumed that past investment performance is an indication of future results. Moreover, wherever there is potential profit there is possibility of loss. This memorandum is being made available for educational purposes only and should not be used for any other purpose. The information contained herein does not constitute and should not be construed as an offering of advisory services, banking services, or an offer to sell or solicit and securities or related financial instruments in any jurisdiction. Certain information contained herein concerning economic trends and performance is based on or derived from information provided by independent third-party sources. Community First Bank, HFG Trust, and HFG Advisors believes that the sources from which such information has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. This memorandum, included the information contained herein, may not be copied, reproduced, republished, or posted in any form without the prior written consent of Community First Bank and/or HFG Trust and/or HFG Advisors. HFG Advisors, Inc, is a wholly owned subsidiary of HFG Trust, LLC. HFG Trust, LLC is a Washington state-registered Trust company and wholly owned subsidiary of Community First Bank.