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‘Everything bubble’ bursts: Worst year for US stocks and bonds since 1932

Published 12/29/2022, 09:45 PM
Updated 12/30/2022, 11:20 PM

It’s been a torrid year for investors, and not just those in crypto, with United States (U.S.) bonds experiencing their worst year in centuries and U.S. stocks pulling back nearly 20% since 2022 began.

As of Nov. 30, a Financial Times report noted that a traditional portfolio consisting of 60% stocks and 40% bonds will have seen its worst performance since 1932, when the U.S. was in the midst of the Great Depression.

Nominal return for US stocks and bonds from 1871-2022. Source: Financial Times.
Return for an index tracking the stock performance of U.S. companies in the technology industry throughout 2022. Source: S&P Dow Jones Indices.

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