Believe It or Not, the Market Has Three Silver Linings
The pain may not be over, but genuine value is being restored, government bonds are mitigating risk again, and the chief risks aren’t derailing the system.
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The pain may not be over, but genuine value is being restored, government bonds are mitigating risk again, and the chief risks aren’t derailing the system.
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A whole new crop of investors is learning that bear markets are a fact of life and should adjust accordingly.
As US inflation hit a 40-year high, the benchmark S&P 500 stockmarket index slid into a bear market, down more than 20% since its 3 January high.