Down another 2% today, and 20% year to date.. and we have not hit bottom yet. The federal reserve basically threw in the towel today on that so called soft landing they have been touting. Hard for the federal reserve to fix this, when Biden just passed the inflation increase act 2 weeks ago and threw a party on the lawn of the white house.. federal spending continues to increase at alarming rates.
(and we have not hit bottom yet)
Yep
📉📉📉📉⬇️⬇️⬇️
Stocks are down 20% of face value. If you factor in the nominal value is down ANOTHER 20% because of inflation then your stock portfolio is 40% lower then 2 years ago. Real estate is next.