[ad_1]
559 days ago, the fed began a rate hiking cycle that would be unlike anything the modern investor had ever seen.
The stock market saw this coming. When they finally decided they needed to fight inflation, micro-cap stocks were in a 19% drawdown. The Nasdaq-100 had fallen 16% from its peak.
The indices would fall further still as investors digested what higher rates would mean for the economy and the companies that underl…
The post Is this Really a Bull Market? appeared first on The Irrelevant Investor.
[ad_2]
Source link