November 8, 2024

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

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

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

According to a Dec. 30 tweet by investment analyst Andreas Steno, “every single asset class” is down significantly in 2022, and real estate is soon to follow.