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Market falls pose challenge for 60/40 portfolios
市場下跌對60/40投資組合構成挑戰

Inflation is biting into returns from bonds and equities
通貨膨脹正在同時侵蝕債券和股票的回報。

Global stocks and bonds have been falling in tandem since mid-August with galloping inflation forcing big central banks such as the Federal Reserve, Bank of England and European Central Bank to ramp up the pace of monetary policy tightening.

自8月中旬以來,全球股票和債券一直在同步下跌,迅猛的通貨膨脹迫使美聯準、英國央行和歐洲央行等大型央行加快了收緊貨幣政策的步伐。

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