Dan Leslie

Apr 24, 2023 | investmentmagazine.com.au | David Carruthers |Dan Leslie |Sharon Klyne |Louise Davidson

The 2022 calendar year suffered through a bear market in equities, the highest inflation surge since the 1970s, and the worst year on record for investment grade fixed income. US stocks fell sharply with the technology sector taking the heaviest hit. The US Treasury yield curve was the most inverted since the early 1980s, highlighting the risk of recession in 2023.