Stocks lose 2% on Thursday as investors fear the Fed is tipping the economy into a recession

Markets might be 'prone to wider swings' in final two weeks of 2022, investor says

"The last two weeks of the year will be interesting as the market might be prone to wider swings given the absence of important economic data releases and the fact that many traders will be on holiday," Price wrote Thursday. "If we do see an uninspiring earnings season then it's hard to see how we don't have a continuation of the volatile trading environment that has characterized much of 2022," Price added.Stocks pulled away from their worst levels heading into the final hour of trading, with the Dow Jones Industrial Average off 709 points, or 2.11%. The S&P 500 dropped 2.26%, and the Nasdaq Composite tumbled 2.9%.

While Brown said there is concern about how it will perform in a recession, Jenny Harrington, CEO of Gilman Hill Asset Management, said it's a stock that has already priced that in. Meanwhile, she said investors will look to what she called compelling earnings growth from the entertainment giant after the current "hate fest" ends.

Cast lot with 👿 Demoncrats and expect the worst!

Stimulus: gone. Credit cards: maxed out. Home equity: wiped out. Retirement: decimated. Cost of living: historic. Biden on the economy: healthy and robust. dimspeak

The Fed is 100% the problem. They should have not have raised yesterday. The Fed is out of control.

Powell will crush the market out of respect for Trump giving him a position on the FOMC. Powell will crush the markets so the only choice in 2024 is trump

Anyone who didn't see this coming deserves to be blindsided. Been short since S&P touched 11 month long downtrend line. Follow the technicals not the talking heads.

If people can't afford gas, do you think they can afford luxuries?

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