The stock market has witnessed a freefall amid reckless inflation, the Fed’s rate hikes, and rising recession fears. According to Morgan Stanley Wealth Management’s investment chief, the S&P 500 will plunge another 10% in 2022. Moreover, AAII’s latest survey revealed that bearish sentiment had reached its historical average of 30.5%.
The broad market sell-off led several stocks to get hammered, despite their sound fundamentals. Amid the volatile backdrop, investors should focus on a long-term strategy. Experts believe investors should continue to put money into the stock market.
