The S&P 500 saw its third drop of more than 10%. Here’s what history shows about previous bear markets hitting new lows from there, according to Bespoke.

Stocks fell sharply after the Federal Reserve announced on Wednesday that it had raised its benchmark rate by three-quarters of a percentage point while battling inflation, with the S&P 500 Index continuing its slide that Bespoke Investment Group described as its third decline. “Where this bear market ultimately lies is anyone’s guess, and events outside … Read more

Why stock market bears are eyeing June lows after S&P 500 dips below 3900

Goodbye, summer bounce. The S&P 500 finished Friday below the crucial chart support level that’s been a battleground in recent years, leading technical analysts to warn of a possible test of stock market lows in June. “Over the past three years, at the level of [S&P 500] It closed below that on Friday for the … Read more

Bad news for stocks: The Fed will be surprised by how much higher interest rates will affect the economy, says BlackRock

Federal policymakers are about to surprise themselves — and not in a good way when it comes to stocks and other assets viewed as risky, according to analysts at the BlackRock Investment Institute. BlackRock argued that investors are dealing with a “system shift” as the COVID-19 pandemic upended an unusual period of moderate fluctuations in … Read more

A scarcity mindset is normal, but it can lead to poor financial decisions. Learn how to make fear work for you.

this is Article – Commodity Reprinted with permission from NerdWallet. We’ve all seen it in grocery stores in 2020. The shelves, which were stocked with toilet paper and hand soap, were empty. We hid in our homes, deep cleaning all surfaces, and sometimes we challenged COVID-19 threat Catch Last remaining bottle of hand sanitizer in … Read more