The stock market isn’t falling like it did in the 1970s. It’s even worse.

Barron’s-MarketWatch/Ben Levisohn/5-1-2022

“It was the worst first four months of the year for the stock market since the 1970s! No, the 1930s! Can’t we just say it was a really bad start to the year? ‘Bad’ might not do it justice. After dropping 3.3% this past week, the S&P 500 index has fallen 13% during the first four months of the year, its worst start since 1939.”

USAGOLD note: Much of it driven by inflation on the economic front, war on the political front, and a pandemic on the societal front. (Other than that everything seems to be moving along nicely.)

 

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