2022 Was The Worst Year For Stocks Since 2008

Published Friday, December 30, 2022 at: 8:21 PM EST

Be glad 2023 is upon us. The stock market closed 2022 with its worst loss since the global financial crisis of 2008. ​ Here’s our final; weekly investment update for 2022.  2022 will be recorded in financial history as the year inflation soared unlike anything experienced since the early 1980s. Consumer buying power shrunk and declined sharply as income levels failed to keep up with price hikes. The Federal Reserve hiked interest rates to halt economic growth and carried out one of the most aggressive monetary tightening campaigns in U.S. history. ​ Supply-chain problems related to the pandemic, along with higher energy prices caused by...

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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.

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