Quarterly Disappointment 😒

Quarterly Disappointment

Ever since the COVID crash, the market has been hotter than ever, with firms and portfolios making crazy money. Even with the pandemic raging on, social unrest high with the murder of George Floyd, and an administration change in the United States, the S&P 500 has almost doubled itself from the pandemic low, hitting fresh record highs every month.

The real economic problems are starting to show, and it’s safe to say that 2022 has had a very rough start. Inflation has now hit a 40-year high due to supply chain bottlenecks, and the volatility of the energy market has added to this. More importantly, the Russian invasion of Ukraine, an event that has caused the most havoc in Europe since World War II, has been a big negative. This has added more to the pot that has been unsettling the markets, and many felt this was overdue as the markets ran wild and became a bit bubbly.

All of this has led to the worst quarter in 2 years for the stock market with the S&P 500 down 4.9%, which breaks the streak of 7 straight quarters of growth. Thursday was especially bad, with the indices falling by 1.5%. This has led to the government attempting to prop up the markets, with the Federal Reserve raising interest rates, so we’ll see the effects of that in the coming quarters. The NASDAQ is not doing any better, down 9 percent this quarter, and some of the biggest tech names have taken large hits. Netflix and PayPal are both down more than 40 percent from all-time highs, and Meta Platforms shed nearly 50 percent of its share price. Overall, things could get more volatile with an ongoing war and upcoming elections, so buckle in.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:

More Posts

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.