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WEKU
WEKU
Chris Arnold

Stocks and bonds both get clobbered this time. Here's what's behind the double whammy

A screen on the trading floor displays the Dow Jones Industrial Average at the New York Stock Exchange in September. Stocks have kept falling since then and hit their low for the year on Friday. (Andrew Kelly/Reuters)

Deborah McDaniel is a retiree who has her life savings in a mix of both stocks and bonds, which she thought was a responsible, safe approach.

But her portfolio got "hammered," she says. "Down about...25% over the last 18 months."

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