(Bloomberg) -- Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted -- especially with hawkish central bankers rattling recession-obsessed markets like this.The S&P 500 just sank to the lowest since December 2020, bringing this month’s losses to nearly 8%, as the pound weakened to records while commodities buckled under the weight of a hulked-up dollar. US Treasury yields continued to rise, with the 10-year r
If you are coming into the market now and building a retirement portfolio, the state of the market and the economy might feel a bit daunting. The bear market has been harsh, and with the expectation of a continuing economic slowdown, or recession, on the horizon, the outlook may not improve any time soon. The market has gone through multiple bear markets, and they have typically been followed by longer, more robust bull markets.
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