Today’s Chart of the Day comes from BlackRock and shows that 105 of 112 asset classes lost money in 2022. Usually, when stocks go down, bonds go up and vice versa. This helps temper portfolios. Due to increasing inflation, both went down, so don’t feel too bad.
Remember, with every action, there is a reaction. So far this year, both stocks and bonds are positive.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.