Interest rates, the stock market and the effects of China on our economy have been all over the headlines as of late. August in particular was a bad month for the stock market, but what about other asset classes? Just last week we happened upon a tweet by Cullen Roche stating:
This is kind of amazing. Every single major asset class has negative 1 year returns.
It was accompanied by the below image, which shows tickers for all of the major asset classes including stocks, bonds, REITs, commodities and US TIPS. The returns of each of these for the year ending September 11th was negative.