General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStocks slide, with Wall Street closing out worst first half since 1970
The S&P 500 index has shed more than 20 percent of its value this year as rampant inflation, rising interest rates and a compounding array of geopolitical tensions have blunted consumer and business sentiment, forcing political leaders to scramble.
https://www.washingtonpost.com/business/2022/06/30/stock-market-today-recession-inflation/
enough
(13,262 posts)heinous SCOTUS decisions.
Response to enough (Reply #1)
Totally Tunsie This message was self-deleted by its author.
Tomconroy
(7,611 posts)TheRealNorth
(9,500 posts)Even my Republican acquaintances said that (at least until 2017).
LonePirate
(13,431 posts)Thats probably the best economic news we have had on that front in a while, provided those views/reports are true.
Of course people only truly care about inflation when it comes to gas and food. Between that and their investment portfolios, people dont care about the economy much except when jobs are scarce, unlike now.
Tomconroy
(7,611 posts)MichMan
(11,971 posts)former9thward
(32,077 posts)The last time we had a big sustained drop (2007-2008) they certainly did.
Bucky
(54,065 posts)It will come back eventually. It always does.
I started throwing a lot of my stocks money into bonds last month. Thank God for the lucky timing.