ESGB - We're In A Bear Market Now What?

• On Monday (June 13), the US stock market fell again, closing over 20% below its all-time high that is commonly used to define a bear market.
• Better starting yields and diversification benefits, especially in recessions, are key reasons to own bonds for the short- and long-term.
• Our market and economic outlook remains cautious, and we are not seeing the selloff as an all clear signal to begin aggressively buying in portfolios.

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