Meanwhile, the tech-heavy Nasdaq Composite was decisively in bear market territory with a decline of 22% since its November peak. The combination of dovish monetary policy coupled with historically low lending rates was expected to produce a long-term bull market. Instead, the unpredictability of global conflict and the Fed's lax monetary policy has made a Biden bear market a reality. Read More...
Meanwhile, the tech-heavy Nasdaq Composite was decisively in bear market territory with a decline of 22% since its November peak. The combination of dovish monetary policy coupled with historically low lending rates was expected to produce a long-term bull market. Instead, the unpredictability of global conflict and the Fed’s lax monetary policy has made a Biden bear market a reality.
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