Negative space – how most assets fell to earth in 2022

Negative space – how most assets fell to earth in 2022
(Image: Getty)
David Chaplin
Markets came down with a nasty case of something last year.Laid low by inflation and a bad reaction to the medicine of high-interest rates, most asset classes languished in the sick ward over 2022.And it wasn’t just the investment version of man flu, according to new data from Mercer New Zealand, the widespread illness really hurt this time.The well-regarded Mercer ‘Periodic Table' of annual investment returns shows 2022 was the sickest on record for quite some time.A negative 2022“Highlighting just how negative 2022 was,...

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