17 Scary Numbers From the Second Quarter
There were plenty of disconcerting statistics during the last three months.
The second-quarter had plenty of scary moments. The euro seemed on the brink of collapse more than once, U.S. economic data started to look less rosy, and volatility in the markets came back with a vengeance. Every quarter, I take a look at some numbers that jumped out at me. There were plenty of disconcerting statistics this quarter, but here are 17 that were among the scariest.
12%: Return of long government bond funds in the quarter. If you ever wanted to see a flight to safety in action, here it is. Investors from around the globe poured money into Treasuries to guard against catastrophe, even if it meant accepting a negative real return.
Bearemy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.