Intro: Taking way-to-long to "MULL" after all that Quantitative Easing where there's not much of a chance for what they're wanting to call a soft landing. . .
Global markets plunge as Fed mulls biggest rate rise in decades
The Bear Market Has Finally Arrived. Here’s How to Move On and Act Now
With the S&P 500 more than 20% off its peak, and tech stocks down even further, your first task is to take a deep breath and assess your risk.
[Illustration: Michael Kennedy for Bloomberg BusinessWeek]
"Individual investors need a new playbook—or maybe a revised version of the old one. The rally in stocks that had been boosting retirement fund balances sputtered early this year, but it came to a sharp end on June 13. That’s when the S&P 500 finally slipped into a bear market, which is generally defined as a market close at least 20% below its peak.
But honestly, it probably feels a lot worse than that for many investors—and it has for a while. The handful of megacap tech stocks that served as jet fuel for the overall market have fallen much harder since the S&P’s Jan. 3 peak, with down more than 50%, falling 39%, and , , and all losing about a quarter of their value.
The growth-stock driven Nasdaq Composite Index has been in a bear market since March and is down 32% from its high last year. . ."
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