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To visualize how much of an outlier this "recession" already is, just look at bond vs stock returns since 1871:

https://s3.cointelegraph.com/uploads/2022-12/50a56fbc-65fc-4...

2022 was the worst performing year ever for bonds and among the worst-10 for stocks -- we've never been this deep in the "negative returns across sectors" quadrant as we are right now, and there's no clear indication or catalyst to suggest we're recovering yet either.




Is this charting the change in price of bonds? Raising rates to bouy yields will cause the price of existing bonds to drop.


Wow. Take the maximum of both axis, which represent the ceiling of what you can earn with a conservative stock or bond portfolio, and it blows the rest out of the water. Really enjoy the way they distilled this down.


Good lord that is gloomy. Thanks for sharing




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