Student of the Market: May 2022
May 2022 Highlights:
Worst ever start to a year for bonds
Core bonds returned roughly -9.5% in 2022 through the end of April, marking the start to this year as the worst ever on record.
The Fed raising interest rates by ½ percent+
When the Fed has raised rates by ½%+ in the past, stocks and bonds typically continued to post relatively strong returns over the following 6- and 12-month periods.