The stock market has remained under pressure lately due to concerns over surging inflation and the Fed’s aggressive monetary policy tightening. Investors worry that the Federal Reserve’s aggressive interest rate increases to tame the multi-decade high inflation may trigger an economic slowdown.
Moreover, the continued Russia-Ukraine crisis, skyrocketing energy and commodity prices, and lingering supply chain disruptions are making investors pull money out of the stock market. The S&P 500 finished its worst first half in 52 years.
