Truly unbelievable.

Notice how CNBC has a picture of hippies at Woodstock on there?

That's cuz Woodstock was in 1969.

Are you starting to realize how insane this is yet?

So far in 2022, both the stock and bond markets have posted serious losses. To find another market that looks like this one, you'd have to go all the way back to 1969, according to data from BlackRock.

The S&P 500 is down nearly 24% year-to-date, and the Bloomberg U.S. Aggregate Bond Index has surrendered about 16%. Should both indexes finish the year in the red, it would be the first time that has happened in decades.

And for investors who hold both stocks and bonds, that's not how a mixed portfolio is supposed to work.

"Normally, stocks and bonds have an inverse relationship," says Kevin Brady, a certified financial planner and vice president at Wealthspire Advisors in New York City. "Historically, bonds have had a ballast effect when stocks go down. That's not happening this year."

With losses piling up in the two most common asset classes for retail investors, "there haven't been many places to hide," Brady says.

Basically, you're losing money no matter what. This isn't a situation where we are adjusting the sails to best catch the wind. This is a batten-down-the-hatches storm where all you can do is pull in the sails and pray to God that the ship doesn't sink.

Financial experts are unclear on whether the present-day economy will slide into recession (or whether it already has), but the same forces are working on stocks and bonds. Fear among investors that the Fed's actions could cause a recession have driven many to sell their stocks, pushing prices down.

CNBC says the best bet is to look into short-term bonds and to not get rid of the diversity in your investments in favor of high-flying, risky trends. Slow and steady will win the race.

Of course, CNBC says this is all based on the experts' assumption that "much of that carnage is behind us."

Some of us have been saying for awhile now that we're just getting started.

Pull out those hippie costumes and kiss your loved ones, because this financial storm is guaranteed to be one for the history books!