VTWV - June Swoon: U.S. Stocks Slip Into Bear Market Territory As Inflation Concerns Rattle Investors
- After months of hand-wringing, U.S. indexes are now in bear market territory across the board, down 20% from their most recent highs.
- Right now, markets are caught in a tug-of-war between what may happen in the future—as a result of what the Fed does to control inflation—and what the current underlying economic data depicts.
- It’s also important to keep in mind that the market looks ahead and discounts current stock prices by what it thinks will happen in the future.
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June Swoon: U.S. Stocks Slip Into Bear Market Territory As Inflation Concerns Rattle Investors