Wells Fargo Investment Institute maps a path from recession to recovery to rebound, arguing that the pain of tighter financial conditions can create clearer entry points. A key historical framing stands out: bonds logged two straight negative years, a rarity not seen since 1958 and 1959. The outlook also lays out concrete targets across equities, rates, and real assets while emphasizing that timing and volatility will matter.
Date published: December 2022
