As of the end of November, ninety percent of asset classes tracked by Deutsche Bank were down.
Sixty-three asset classes are on track for a down year. That is a record, and that’s quite a record. It beats the record from like eighty years ago when they had like thirty some asset classes. Anyway, ninety percent.
Most of the way through December and it’s still on track.
It’s also trending to be the first year in twenty-five years when both stocks and bonds went down.
Stocks have gone down sharply a couple of times this year, earlier in the year …Read More