Bear Market Strategy for Millennial Investors

If there was an award for experiencing unprecedented events, millennials might win first place. Older millennials entered the workforce during the Great Recession and have since experienced a devastating pandemic and a spike in inflation not seen in 40 years. On top of that, the Federal Reserve’s moves to tame inflation sent the stock market into a tailspin.

The S&P 500 officially entered bear market territory on June 13, when it fell 21.3% from its early January high. (A bear market occurs when a broad market index falls 20% or more from its peak.) After a summer rally, stocks fell again in September, and as of October 7, the S&P 500 is down 23.2% from its peak.


Leave a Reply

Your email address will not be published.

Related Articles

Back to top button