Turbulent Times Are Here to Stay. How to Invest for the Next Decade.


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Illustration by Kyle Ellingson

This year, investors have endured a near-daily onslaught of market-moving news sketching a picture of slowing economic growth, elevated inflation, and flagging fiscal and monetary stimulus. In response, the S&P 500 index has tumbled more than 22% from its record high, and bonds have lost about 14% since January. Amid the torrent of reports—everything from monthly inflation and jobs numbers to seemingly every utterance of Federal Reserve officials—it’s easy for investors to get caught up in the here and now.