- The stock market was down for another week with the Standard & Poor's 500 Stock Index hitting, temporarily, "bear" territory and the Dow Jones closed down for its eighth week.
- There are now rising concerns about a recession occurring in 2022 or 2023, as major retailers announced dismal results and all sectors of the economy seemed depressed.
- The Federal Reserve is still the main player in the future of the stock market as it pushes to strongly combat inflation, but with, hopefully, a soft economic landing.
- The ruler of the stock market still seems to be radical uncertainty, so that market volatility will continue to dominate the further decline in stock market prices.
For further details see:
The Stock Market: Down Again