At this time last year, the general consensus was that President Joe Biden would oversee a bull market that would be off to the races. Lending rates were at or near historic lows, the U.S. economy was bouncing back from COVID-19 lockdowns, and the Federal Reserve seemed intent on maintaining dovish monetary policy. Perhaps it's no surprise that the growth-centric Nasdaq Composite entered bear market territory earlier this month. Read More...
At this time last year, the general consensus was that President Joe Biden would oversee a bull market that would be off to the races. Lending rates were at or near historic lows, the U.S. economy was bouncing back from COVID-19 lockdowns, and the Federal Reserve seemed intent on maintaining dovish monetary policy. Perhaps it’s no surprise that the growth-centric Nasdaq Composite entered bear market territory earlier this month.
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