2022 has been a mess for long-term investors globally. Few asset classes have positive returns, and if they do, they have huge volatility. What’s the culprit? Treasury bond interest rates increasing at the fastest pace in decades. Here’s a chart on how fast the Fed is raising rates vs. prior cycles. Over the last 40 years, only Greenspan in 1994 comes close. Click here for more information!
It tends to be the speed you drive, not the path you take, that causes car wrecks on the way to your final destination.
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