It was an extremely difficult week for the markets as concerns regarding rising inflation and interest rates continued to heighten and volatility soared.  The S&P500 and the Dow Jones Industrial Average were briefly in correction territory before rebounding on Friday.  The Russell 2000 also suffered significant losses.  For the second week in a row, all portfolios declined.  Geneseo remains in second place but experienced the largest weekly decrease, while Rhode Island College sustained the least amount of losses.  .

Below are the current standings of the Adirondack Cup.  These returns are since inception (October 16, 2017).

Current Standing Total Return
1       (1) Buffalo State 31.15%
2       (2) State University of New York at Geneseo 16.02%
3       (5) Ithaca College 7.37%
4       (6) Siena College 3.56%
5       (3) Wesleyan University 3.37%
6       (7) Skidmore College 3.01%
7       (4) University at Albany, State University of New York 2.13%
8       (8) Southern Vermont College -0.18%
9       (9) State University of New York at Plattsburgh -2.28%
10      (11) Penn State Behrend -2.34%
11      (13) Hofstra University -3.24%
12      (12) Binghamton University -4.12%
13      (19) Rhode Island College -4.79%
14      (15) Bryn Mawr College -5.15%
15      (14) The College at Brockport, State University of New York -5.60%
16      (16) University of Wisconsin-Milwaukee -5.65%
17      (10) The College of St. Rose -5.80%
18      (18) Clarkson University -6.89%
19      (20) Stonehill College -9.77%
20      (17) Temple University -13.52%
21      (22) St. John Fisher College -15.37%
22      (21) St. Lawrence University -17.15%
23      (23) Saunders College of Business at RIT -21.83%
24      (24) Nazareth College -22.81%
Russell 2000 Index -1.28%
Adirondack Cup Aggregated -3.33%
() Denotes prior week’s standing