A horror year, but hold tight, says Fisher Funds

The bond market is shaping up for its worst-ever year. (Image: National Gallery, Oslo)

Fri, 08 Jul 2022

This year is shaping up to be the worst ever for bonds, and US stocks' year-to-date performance ranks as the third worst, according to Fisher Funds' chief investment officer, Ashley Gardyne.But history suggests the odds are in investors’ favour if they “hold tight”.“We have officially entered a ‘bear market’. Global share markets dropped 21% in the first half of the year, typically resilient government bonds have fallen 15%, domestic house prices are falling, and talk of a potential recession has ramp...

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