More than US$7 trillion has been wiped out from the stock market this year

has plunged 28% this year, putting it deep into bear market territory. Nearly $3 trillion of the S&P 500's market cap drop is from the tech sector.

According to data from research firm Bespoke Investment Group, the Nasdaq has plummeted more than 20% in the past 30 trading days. A drop of that magnitude has only happened 11 times before ... and nine of those declines were "associated with recessions," according to Bespoke.

I just wonder how many more billionaires will get richer through this? It always hurts the little people most while the super rich get richer.

Thank goodness for bitcoin… oh wait.

wiped out? More like taken, taken by the institutions using inflation as the vehicle to destroy retail wealth. Inflation cause by a pandemic driven 'anomaly' Pandemic$trillion-stimuLESS supply chain disruptioninflationrate hikes rake retail wealth. Nice plan? Great Reset?

wiped out? More like taken, taken by the institutions using inflation as the vehicle to destroy retail wealth. Inflation cause by a pandemic driven 'anomaly' Pandemic-supply chain disruption-inflation-rate hikes - rake retail wealth. Nice plan? Great Reset?

The STOCK MARKET is NOT THE REAL WORLD & FOR THOSE WHO HAVE MONEY TO LOSE ! What would happen IF IT CRASHED?

Awwww. 'Viral inequality: BILLIONAIRES GAINED $3.9 TRILLION....WORKERS LOST $3.7 TRILLION in 2020

Yep This is a result of 2 years of Covid Restrictions, lockdowns and just plain ol destroying the world economy 100x more people will die as a result of this than from the low mortality rate of Covid

Poll: Is the stock market in 🇨🇦 corrupt? $TSX $TSX.V $CSE

The petrodollar is dying, we are not even close to the bottom imo.

See ya. 👏

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nine quality dividend-payers to target amid stock market tumultWe are looking for Canadian dividend-payers that are too cheap to ignore amidst market volatility
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Asian stocks mixed, China gains ahead of U.S. price dataShares were mixed in Asia on Wednesday with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street. makes sense considering everything the U.S. market relies on is manufactured outside the country
Fuente: CTVNews - 🏆 1. / 99 Leer más »

Pain not over for U.S. bond market but some see yields nearing their peaksInvestors are starting to think a possible slowdown in price pressure as well as support from yield-seeking buyers could bring a ceiling
Fuente: globeandmail - 🏆 5. / 92 Leer más »

What you need to know about the rout that just wiped $200 billion off the cryptocurrency market in one dayCryptocurrencies extend their sell\u002Doff, with Bitcoin falling to its lowest levels in 16 months as a stampede out of so\u002Dcalled stablecoins sent shockwaves around broader markets
Fuente: VancouverSun - 🏆 49. / 61 Leer más »