Sky-High Stock Values Falling Back to Earth
Posted: Fri May 13, 2022 4:28 pm
Commentary The one sort of inflation that’s certainly not here to stay is high stock prices. Huge stock swings are indications that the “sky’s the limit” stock market is nosediving back to Earth. It had to happen sooner or later, and global volatility and recession are leading the downward trend. A soft landing is unlikely and for several reasons. Global Uncertainty’s Ripple Effect For one, global events are impacting the market in various ways. The fallout from the pandemic lockdowns, for example, is still having far-reaching effects on the global economy. Lower production and disrupted supply chains have yet to be resolved. ...
Source: https://www.theepochtimes.com/sky-high- ... 51725.html
Source: https://www.theepochtimes.com/sky-high- ... 51725.html