05 Jul 2Q, 2022 Asset Class Return Quilts
- Commodities and energy stocks have so far served as the only two bright spots in the first half of 2022, up 18% and 32%, respectively.
- In fixed income markets, 2022 represents the worst start to a year – ever. Looking at six-month rolling returns, this period is the third-worst since the creation of the U.S. Aggregate Bond Index in 1976.
- Stocks and bonds have been selling off together, with a traditional “60/40” portfolio starting to feel the pressure after benefitting from four decades of low interest rates.
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