Barring a major rally today, both the US stock market (as represented by the Russell 3000 Index) and bond market (Bloomberg U.S. Aggregate Bond Index) will log their third consecutive quarter of negative returns. If that seems unusual, you are correct. In fact, from March 1979 - March 2022, less than one out of ten quarters (14/173) have experienced negative returns from both US Stocks and US Bonds.

By most metrics, we are now in a bear market (20%+ fall in prices). It is easy to look back and say that you saw it coming. You may be feeling regret about the losses we have incurred since the peaks back in January. And all of that is perfectly normal. As will be claims by some that they could help you avoid periods such as this.