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Pain, Few Gains for Investors as Markets Slumped in 2022

Started by Epoch-Times-Bot, Dec 26, 2022, 08:30 PM

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Epoch-Times-Bot

Dec 26, 2022, 08:30 PM
Pain, Few Gains for Investors as Markets Slumped in 2022

By Alex Veiga
Investors found few, if any, safe havens in 2022, as central banks in the United States and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession.
Consumers paid more for energy, food and just about everything else. Borrowing to buy a home or a car also got costlier.
On Wall Street, the benchmark S&P 500 index fell into a bear market by dropping more than 20 percent from the record high set in early January. The energy sector was the lone winner, while technology stocks tumbled....

Source: Pain, Few Gains for Investors as Markets Slumped in 2022

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