Investors Stay Put, Because They Can’t Think of Better Options

Even the worst markets are supposed to have havens. Some unnerved investors are wondering if this one doesn’t.

The S&P 500 is down 16%, its worst start to a year since 1970, according to Dow Jones Market Data. But assets of all kinds are also falling. Gold, typically considered a haven, has swung into the red. Bonds are typically another shelter, but this year they are falling alongside stocks, an unusual tandem that reflects investors’ uncertainty.


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