The Good News Is All This Bad News

Published Friday, July 1, 2022 at: 7:41 PM EDT

Bad news on the economy and stock market seem to be mounting, which may be a good sign. Here’s the bad and good news a long-term investor needs to know. The second quarter ended on Thursday, June 30, 2022, with the Standard & Poor’s losing -16.5% in the three-month period. It was the worst quarter since the onset of the pandemic in the first quarter of 2020, when stocks plunged -19.6%. The first-half of 2022 was the worst six-month start to any year since 1970, according to Dow Jones Market Data; the S&P 500 price index plunged -21%, according to Standard &...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.