Stocks Suffer Worst First Half in More Than 50 Years

  • 📰 TIME
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks suffer worst first half of a year in more than 50 years

need to act fast because they misjudged inflation has roiled markets, with traders ramping up bets the economy will buckle under aggressive tightening.

After a rough first half of the year, July will be pivotal for the future direction of markets amid corporate earnings, key inflation data and the Fed meeting, according to Greg Marcus, managing director at UBS Private Wealth Management. He says volatility will probably remain elevated until there’s evidence that inflation is moderating, recession risks are receding and geopolitical threats are declining.

But dismal performance is not an indication of what’s to come. The U.S. equity benchmark lost 21% in the first half of 1970, during a period of high inflation that the current environment has been compared with. It gained 27% during the last six months of that year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The point will not be visible until the war is over more spread?

...it start slowing down and deep dive til the Burden is over.

The red-handed culprits are financial and economic engineering laid by ignorant individuals

Is pakistan... stock... Facing tremors from here.?

Thank you Joe Biden.

All this Biden/Dem winning! Mr. Biden, what's your plan to help Americans? Biden: 'We've never seen anything like Putin's tax on food & gas.' What's your plan to curb inflation & record fuel prices? Biden: 'We have lower inflation & gas prices than other countries.' Dems:

Thanks to the Incompetent Biden administrations Economic and fuel failed policies

Stop the warring! Stop the destruction! STOP THE KILLING!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in CA

Canada Canada Latest News, Canada Canada Headlines