‘Nowhere to hide’ for investors
Fund managers have been tripped up by global stocks and bonds falling in tandem in the first quarter.
The two key markets underpinning global finance are seldom correlated and such moves tend to be rare and brief. This year’s quarterly slump — the worst synchronised decline since both benchmarks have been available
FT 11 April 2022
https://www.ft.com/content/a18b5d8c-e92d-475c-a3c1-96a4a3a43b5b
The Nasdaq 100 Stock Index sank more than 2% Monday, adding to losses sustained last week that have erased over $1 trillion in market value in the past five sessions.
Bloomberg 11 April 2022
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