The Bear Market Is Here! What Should Investors Do?
The bear market is here! The S&P 500 is more than 20% off its peak and its time for investors to reassess their risks in the stock market. For many, these losses can be felt harder than gains after such a long period of increases. Tech stocks are down and the crypto market, which was once seen as a hedge against falling markets and inflation is also seeing huge drops. Suzanne Wooley, personal finance reporter at Bloomberg News, joins us for more.
Next, after more than 2 years of the pandemic, we are seeing that Covid is making the flu and other common viruses act in unfamiliar ways. Behavioral changes like stay-at-home orders, masking and social distancing could be responsible for viral shifts. For instance, at Yale New Haven Children’s Hospital, children are being admitted with a range of seven different respiratory viruses, many of which are out of season and seem to be more virulent. Frances Stead Sellers, senior writer at The Washington Post, joins us for how everything is out of whack.
Finally, President Biden is increasingly growing frustrated with rising prices and the inability of the WH to bring down inflation. The American people are even more so frustrated as they continued to get hammered with no end in sight. Tyler Pager, White House reporter at The Washington Post, joins us for how Biden is worried about messaging and ineffective policies impacting the economy.
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