Market confidence is gone.
Biden is acting like a 1 person wrecking ball for the economy, for people’s personal finances, for America’s safety and economic security. It’s going to be a bumpy ride. We are transitioning into a banana republic and no one has any belief that it will improve any time soon.
Market is doing fine. It Dow Jones was 19000 last March from covid fear. It is today 31,400.
Markets never go up without corrections. The Trillions of money gov’t is printing is finding its way into stocks & housing. Where else can it go? 10 year bond is barely paying 1% taxable. That is guaranteed loss after taxes and inflation.