
What’s going on with share markets!
Calendar year to date, the stock and bond markets have produced some of the worst returns on record, which is unusual because bonds and stocks are typically negatively correlated. In fact, this has only happened two times over the past 96 years, as illustrated in this chart. Even gold, commodities and property have lost value this year. It’s really been a horrible market for investment returns. I discuss the key risks that have driven markets lower below, as well as highlighting the investment opportunities that exist as a result. How high will interest rates rise and for how long? I think…
The skinny
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