Assets, cryptocurrencies, indexes: beware the bear!

Financial markets are going through a complicated period in 2022. It is customary to "throw the baby out with the bathwater" at such times, i.e. to indiscriminately punish poor quality assets and those that do not deserve such hatred. To be fair, the more speculative factions of the market are still getting the shock treatment. Sort of like our favorite bear, the mascot of bear markets, using the toilet instead of the bathtub to flush cryptocurrencies, overvalued tech stocks or his old bullish buddy, the bull.

Drawing by Amandine Victor for MarketScreener