Volatility is a word that has become all too common in the last couple years when talking about the financial markets. Over the past two years, the pandemic has been a big economic story driving both monetary and fiscal policy. While the pandemic continues to create hurdles, new concerns are grabbing headlines. From supply chain issues to the great resignation, to the highest inflation rate in four decades, investors have to navigate volatile economic waters. As the Federal Reserve seeks to put the right policies in place to combat the economic challenges investors are facing, SWIB is also keeping a close eye on what it means for short and long-term impacts on the Wisconsin Retirement System. In this episode of The SWIB Podcast, we talk to SWIB Executive Director and Chief Investment Officer Edwin Denson, and Leo Kropywiansky, a senior portfolio manager with SWIB's asset and risk allocation division, about what these headline grabbing issues mean for the WRS. We get an update on how the trust funds are performing midway through 2022 and what to expect for the rest of the year and beyond.