The stock market was down again yesterday, the exchanges beginning where they left off last week. But it’s the larger trend that’s really disconcerting.
Investors don’t need to be told about the stock market collapse in recent months. The Dow Jones Industrial Average is down over 20% since January. The S&P 500 is down 23% since January. And the Nasdaq Composite is down 32% since its all-time high last November.
Those falls are not as bad as the crashes in March 2020 during the pandemic or late 2008 during the global financial crisis, but those comparisons offer little comfort since they were among the worst in history.
The real problem for stock investors today is not that the crash is bad so far, but that it might just be getting started.
Like 1929 a long as Biden is in Stolen office !!!!!!!