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Economy

progree

(11,906 posts)

2. S&P 500, down 18.8% from all-time-high, and down 18.2% year-to-date

Reply to Tansy_Gold (Original post)

Thu Dec 15, 2022, 06:01 PM

Dec 2022

Still above the 20% down bear market line, although we're technically in a bear market (because we've broken below 20% earlier in the year) until the S&P 500 completely recovers.

https://finance.yahoo.com/quote/%5EGSPC?p=%5EGSPC

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STOCK MARKET WATCH -- Friday, 16 December 2022 [View all] Tansy_Gold Dec 2022 OP

Inflation (aka "The Grinch") stole the Santa Claus rally right out from under the tree! nt Shermann Dec 2022 #1

S&P 500, down 18.8% from all-time-high, and down 18.2% year-to-date progree Dec 2022 #2

The market has been hyperinflated for a long time Warpy Dec 2022 #3

I agree it's very much overvalued. progree Dec 2022 #4

Even with TFG;s massive cash infusions into it, it lasted longer than I thought it would Warpy Dec 2022 #5