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  • founder021

So far, not good.

2022 has been a brutal year for investors so far. In the chart below, you can see a YTD performance ranking by asset class/indices. You only made money if you invested in commodities, oil or the Brazilian market, or if you were short any of the other assets. And that’s in nominal terms, of course. If you adjust for inflation, it’s even worse. And these numbers include the bear market rally that started in June and concluded last week. The focus is, once again, on inflation and the fed and what will happen to interest rates, and how much more pain can investors tolerate.

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