Fixed Income: 2022 Review + 2023 Preview

Fixed Income: 2022 Review + 2023 Preview

2022: Unprecedented in Modern Market History   For only the third year since 1926, both US stocks and bonds lost money (the other two occurrences were … 1931 and 1969. The 60/40 portfolio simply didn’t work. While this might not be new news, we believe it...