What Goes Up Must Come Down - A Message from Deschutes CEO
What Goes Up Must Come Down - A Reflection and Market Outlook from Deschutes CEO MacGregor Hall. Reflecting on 2022: Volatility in the equity markets is to be expected at times. Anyone who studies the stock market will tell you that “Corrections" and "Bear" markets are common, especially after a period of extraordinary returns that which we experienced through 2020 and 2021. They will also tell you that a "bear" market in fixed income is rare and even more so when combined with a significant decline in the stock markets. In fact, we must go back more than 75 years to find a time when there was as big a decline in both markets simultaneously.