A Very Tough Year

The market didn’t like what it heard yesterday. It hasn’t liked much of anything this year.
The S&P 500 has declined more than 1% in one out of four days so far in 2022. The only other years with a higher reading since 1990 were 2008 when the S&P fell 38%, and 2002, when it fell 23%.

Mega cap tech stocks have been the best performing stocks for the last decade. That tailwind has now reversed. Live by …

The post A Very Tough Year appeared first on The Irrelevant Investor.