Down 21%, Is the Stock Market Ready to Recover in the Back Half of 2022?
The stock market just wrapped up its worst first half in more than 50 years. The benchmark S&P 500 index is down 21% so far in 2022, and the tech-heavy Nasdaq Composite index is down by 30%. And many of the most widely held stocks in the market are down by 50% or more this year, especially those of fast-growing businesses.
Amid all the volatility, every investor has the same question: When will things start to get better?
While none of us have a crystal ball that can accurately predict the future, the answer to that question will be directly connected to the issues that have caused the market's decline so far this year. Let's lay those out, and consider the potential catalysts that could cause it to rebound -- or move even lower -- in the second half.
Source Fool.com