Economic trends and geopolitical events converged pessimistically in the June quarter, causing the unusual scenario where all major investment asset classes – shares, property, and bonds – fell concurrently. 

Bonds prices were particularly weak, due to the sudden and rapid increase in duration-based interest rates.   It was the combination of starkly increasing inflation and an about-turn by Central Banks’ monetary policies that caused the bond rout.

Beware Your Unconscious Biases 
There is no shortage of people declaring ‘how to invest’. By contrast cautionary tales on what to avoid are fairly rare; that’s what makes them refreshing.