Why the stock market slumped and what comes next, according to experts

&P 500 soaring to its highest level in three months, reflecting optimism that price increases have peaked.

Still, Fed officials have signaled in recent days that the central bank intends to continue a series of rate hikes, aiming to bring inflation back down to its target of 2%. Last Thursday, San Francisco Federal Reserve President Mary Dalythat a 50- or 75-point basis hike at the central bank's meeting next month would be "reasonable" and that rate hikes would continue into at least 2023.

Market forecasters also face the challenge of murky economic data, Guggenheim analyst John DiFucci told ABC News. A potential recession, however, would hammer corporate profits, causing a prolonged downturn in the market, said DiFucci of Guggenheim.

Recession now…. Depression next

Why are you asked by investment brokers not to react quickly but they do?

All the Analyst have been FLAT OUT WRONG. It’s been DREARY Earning Calls, CFO’s have said: - FX Impact - Excess Inventory - Supply Challenges - Slowing Down - Labor Challenges - Wage Inflation Sticky - Customer buying down I’m OK missing the this train. GOOD LUCK!!!

I can't believe that nobody believes the media anymore

🤣🤣🤣 It's hard to carry the White House's water

I’m pro government just not for corruption like this

Let the rich continue to lose.

Hmmmm Is Biden still President? Welp.... .....more loses are coming.... Duh

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