Which Investment Recovers First – Stocks or Bonds?
Both stocks (represented by the S&P 500) and bonds (represented by the Bloomberg US Aggregate Bond Index [AGG]) have had horrendous returns so far this year. At the end of last week, the year-to-date losses for the S&P 500 and the AGG were (22.33%) and (11.48%), respectively. The reasons for the declines are: Inflation The…