Stock and bond markets shed more than $30tn in ‘brutal’ 2022
Financial Times/Tommy Stubbington, Adam Samson, and Kate Duguid/12-31-2022
“Global stocks and bonds lost more than $30tn for 2022 after inflation, interest rate rises and the war in Ukraine triggered the heaviest losses in asset markets since the global financial crisis.…[S]aid Luca Paolini, chief strategist at Pictet Asset Management. ‘The lesson of this year is that at some point there’s a day of reckoning, and when it comes it’s brutal.’”
USAGOLD note: We posted this chart regularly in 2022 and here’s the final tally.
Stocks… down 19.95%
Treasuries… down 31.00%
Crypto… down 64.25%
Gold… up 1.19%
Silver… up 4.61%
Performances key asset groups 2022
(Stocks, bonds, crypto, gold and silver)
Chart courtesy of TradingView.com • • • Click to enlarge
