The stock market had its worst first half since 1970

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Congratulations, you just lived through the stock market's worst first half since the Nixon administration.

The S&P 500 dropped 20.6% in the first half of 2022, as the Fed launched a tough rate-hiking campaign to counter inflation.This year, of the 11 industrial "sectors" that comprise the S&P 500, just one posted a gain so far. Energy stocks rose 29.

2%, on soaring crude oil and gasoline prices.The carnage in the S&P wasn't as bad as in the tech-heavy Nasdaq, which has fallen 29.5% so far in 2022.Inflation — and whether the Fed ramps up its rate-hiking plans in response to it — will be a major driver of the market's direction for the next few months.

 

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IMPEACHBIDENNOW

Idk much about stocks. But seeing as how the graph looks like Oklahoma, I know that cant be good

I don't own any stock, so actually I don't really feel like I merit congratulations. But thanks.

More pain to come.

When you enter the booth in November, take your 401K yearly statement with you, think about safely getting back to your car, remember to not say sir or ma’am to the volunteers at the table.

Sponsors need to stop supporting

This is how an initially mismanaged pandemic, war in Europe, and broken global supply chain batter stocks. Yet misplaced blame will land on President Biden, of course.

Buy low. Sell high.

I’ve never seen this amount of people at the food bank.. up 1300 families compared to last year this month. BidenDestroysAmerica

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