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.)



This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.

Source link

Add a Comment

Your email address will not be published. Required fields are marked *