By Harry Robertson Business Insider
- Stock markets have fallen sharply in 2022 as the Fed has hiked rates and Russia has invaded Ukraine.
- Some meme stocks are down 80%, while tech companies have been left battered and bruised.
- Here are four charts that explain what’s going on in the sell-off of 2022.
Stocks have tumbled this year.
Thehas hiked rates, bringing the easy-money era to a screeching halt. Russia’s invasion of Ukraine has sent oil prices spiking. And investors are worried about red-hot inflation and slowing global growth.
It’s been something of a car crash.
Categories: Economics/Class Relations