Episode 99: Bear Market in America
KPC Smart Money
English - June 09, 2022 10:00 - 12 minutes - 16.9 MBInvesting Business Management management market personalfinance safety security stock wealthmanagement advisor annuities annuity Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 98: The Economy Today
The S&P 500 is nearing bear market territory, and NASDAQ has already dropped more than 20%. Add inflation, unemployment, and rising interest rates and people are scared right now. So just like bear season in the wild, keep on your path and bring bear deterrents.
Key takeaways:
Inflation is painful right now, as is the Feds increasing of interest rates Supply chain issues are increased due to China's zero covid policies Does the stock market slump signal deeper issues in the economy?