A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. It’s been a rollercoaster year for stocks. The S&P 500 is down more than 20% year-to-date and 2022 is likely to end up as the sixth-most volatile year since the Great Depression.
After months of debate, Europe has agreed to a cap on natural gas prices, report my colleagues Hanna Ziady and Anna Cooban. Officials across Europe disagreed over whether the controversial measure would protect European households and businesses from extreme price spikes as temperatures plummet but on Monday they reached a deal.
Last time that was going on we had one heck of an 'adjustment'.
Rollercoaster as in 20 percent plus down shitshow due to poor policy.
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