2min chapter

Animal Spirits Podcast cover image

The Pandemic Broke the Economy (EP.264)

Animal Spirits Podcast

CHAPTER

Stocks and Bonds Are Down Two Quarters in a Row

The only times tat were wors for the stock market wer six months were great depression, 19 37 crash. And when you add bonds, this is kind of crazy. A 60 forty portfolio of intermediate turmbon zina stocks was in the worst two % of all rolling six months periods of all time. Here's another one, fourth time in the last 100 years that stocks and bonds were both down two quarters in a row at the same time. It's only happened one time in history where theyere down threequarters in a row, and that was in the great depression,. Listen, we're in it. We are in it.

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