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Stocks and bonds are 'discounting for a disaster' after the worst stretch for investors in 20 years

Por: MarketWatch Politics October 01, 2022

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The S&P 500 index on Friday cemented its worst monthly percentage fall since the pandemic lockdowns of March 2020, but also joined the Dow Jones Industrial Average and Nasdaq Composite Index in booking the worst, first 9-month stretch since 2002, according to Dow Jones Market Data. “The problem is that at the end of last year, we were priced for perfection and now we are discounting for a disaster,” said David Kelly, chief global strategist... + full article



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