The Q4 2021 Market Review shows strong equity performance for the year, with the S&P 500 delivering a remarkable 26.1% return over the past three years. U.S. stocks performed well, especially large-cap growth stocks, driven by accommodative fiscal and monetary policies. Inflation concerns, however, persisted throughout the quarter, with CPI reaching levels well above the Federal Reserve's 2% target, leading to expectations of interest rate hikes in 2022. International markets, including developed and emerging economies, posted mixed results, while REITs performed exceptionally, with self-storage and industrial sectors leading the charge. Fixed income saw negative returns as rising rates impacted Treasuries and corporate bonds, but municipal and inflation-protected securities held up better. The review emphasizes the importance of long-term financial planning and maintaining a diversified portfolio amidst ongoing market volatility and economic uncertainty.