Putting bear markets in context
ANALYSIS: A turbulent journey, but a better destination.
This is one of the worst starts to a year for equity markets in decades.
The first half of 2022 has been a tough period for investors in almost all asset classes.
Global sharemarkets [MSCI World Index] fell 21%, typically defensive government bonds [Bloomberg Global Aggregate Treasuries Index] have fallen 15%, house prices are falling, and talk of a recession has ramped
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