U.S. stock markets have experienced another brutal week. Inflation fear and soaring bond yields are some of the concerns that are trying to burst the higher stock valuation bubble. The Dow Jones Industrial Average, among two other stock indices—the S&P 500 and the Nasdaq Composite—is the only index holding on to its yearly gains. The fear is that we could see an even more intense sell-off that could crash the stock market.
The Nasdaq Composite index is facing a brutal sell-off this year, and it is down nearly -3% YTD. The index is firmly in the correction territory as it has dropped over 10% from its all-time high of 13,879—formed on April 16 this year. The fundamental factors that are causing the stock market to tank are fear of higher inflation and tech stock valuation. The reason is that dovish monetary policy and stimulus support are aiding the economic recovery process.
Traders believe that the Fed will increase the interest rate, which could hurt the economic growth as economic recovery is still fragile. Simultaneously, some speculators also hold the view that inflation is getting out of control, and soon it will pass the Fed’s comfort level. This could prompt the Fed to take appropriate action, which could include tapering the asset purchase program.
Why does Forbes think that if it doesn’t post this sensational headline ever few hours its magazine will go bankrupt? How much of a decline have you guys experienced?
Inflation is coming. Can’t keep banks happy with low interest rates forever. Grocery store prices continue to rise on basic commodities, gas prices are rising, textiles are rising, futures are going down. Bill Gates and Warren Buffet own all the farm land. What are we gonna do!?
I’ll save you guys the read: Sort answer, No. But invest wisely and diversify your portfolio.
You’ve posted this same story twice in one hour. You must be betting that the market crashes.
you guys really like to sell the fear huh
Crash? With vaccines rolled out, people back to work, businesses reopened to consumers, and lockdowns removed? Seems unlikely.
Same news every week 🙄
Good thing I don’t have stocks 🤣
Stop posting this article
Quit pushing the narrative. It's about to be a big week.
FreeHaiti 🇭🇹🇭🇹💔💔💔😭😭😭
Nah.
How many times will you tweet this?