We’re officially in mid-2022, but so far … well … if this year was a movie, it’s time for me to run away and demand a refund. What kind of illness, morally corrupt writer would come up with this trash?
The transaction is as follows: The first half of this year was the worst year for the S & P 500, the broadest indicator of the US market for over 50 years.
The index has fallen by more than 20% annually since it entered the bear market two weeks ago. The Dow, Nasdaq and S & P 500 all three major US indexes closed in the red this month and quarter.
The market is easily caught up in uncertainty, and 2022 has been a nasty drama queen from the beginning, with three major events hunting down investors.
- Russia’s war against Ukraine (and all supply-side shocks caused by oil and commodities)
- Blockade of Covid-19 in China, which manufacturers have added more obstacles to the global supply chain
- And everyone likes inflation. The constant rise in prices has forced the Fed to move to HAM with rate hikes.
Its immoral Trinity of economic power has made predicting a recession a national sport. Investors are heading out: The S & P 500 has lost a total of $ 8.2 trillion since the beginning of the year.
Oh yeah, that’s not good.
But hey, it’s almost a weekend and I feel like I’m looking at the bright side, so here’s an optimistic view.
What we know from history is that the market is constantly recovering. Final.
And, as Nicole points out, there is historically little correlation between the performance of the S & P 500 in the first half and the second half of the year.
For example, in 1970, it decreased by 21% in the first 6 months and then rebounded to increase by 27%.
In addition, US stocks typically rise by about 15% on average a year after landing on bear territory. The last three bear markets have only taken four to five months to recover their losses.
Conclusion: Everyone, please wait for a while.
Number of days: 54%
Trading is booming when the market is stable and the company is doing well. When you feel sick, people get refreshed, and that’s exactly what we see in this bear market. Central banks around the world are raising interest rates, borrowing costs are rising, and new listings and mergers are losing their brilliance.
Radio Shack Twitter
It’s not uncommon for brands to hire smart writers to build an edgy or quirky social media presence. In the best case, get an account like Wendy’s. This account can playfully roast competitors and provide genuine customer service while taking advantage of memes.
But the Internet was rugged when RadioShack began this week with a blatant, unsafe stream of work tweets. This is, to be honest, the only one I’ve found to be okay with a nightcap (and everyone knows how low our standards are).
Of course, you can go to Google if you’re interested, but you can save time by ensuring that it’s just vulgar, not particularly clever or interesting.
“What’s happening on RadioShack’s Twitter ?????” Tweeted one user. Has your account been hacked? Did you forget that one of those young social media writers wasted and used the company’s Twitter?
It claims to be “a leader in blockchain technology” and “a 100-year-old brand incorporated into global awareness.” The “new” RadioShack has its own crypto token called $ RADIO, which is basically worthless.
* EYE ROLLLLLLL *
Leave it to Crypto Brothers to turn the legacy of my childhood mall experience into a ridiculous plan.