2022 Has Been Rough for Major Indexes. Here's Why I'm Not Worried.
After rallying from their early 2020 pandemic lows to new peaks this winter, the three most popular U.S. stock market indexes have tumbled this year -- so much so that people are wondering if this is the beginning of another recession. As of June 9, the S&P 500 was down 16% year to date, the Nasdaq Composite was down 25%, and the Dow Jones Industrial Average was down 11%.
But as an investor, I'm not losing any sleep.
Stock market corrections and bear markets are inevitable. The S&P 500 began in 1957, the Nasdaq Composite began in 1971, and the Dow began in 1896. They have existed through some of the worst economic conditions the U.S. has seen, yet they're still standing strong, with each producing returns over the decades that have generated massive wealth for long-term investors.
Source Fool.com
