This Industry Is Up 100% in 2022, Despite Catastrophic Bear Market
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The S&P 500, widely regarded as a bellwether of the overall stock market, is down almost 25% as of September 2022.
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This drop marks a swift reversal from the meteoric rise of stock prices in the post-pandemic bull market of 2020 and 2021.
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Energy prices have surged in recent months, and the demand for crude oil remains high despite the difficulties facing the supply chain.
Energy Stocks A Surprising Benefactor of World Conflict
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Solar panels and batteries for residential properties have been in high demand since the announcement of rising energy bills.
Energy Stocks A Surprising Benefactor of World Conflict
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After the pandemic boom, many tech companies have struggled to get out of the slump since life returned to normal.
Tech Stocks Lead Worst Performers in 2022
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Rampant inflation and fears of recession have also trimmed consumers’ discretionary spending budgets as they focus on essentials like groceries and rent.
Tech Stocks Lead Worst Performers in 2022
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The technology company also announced that it was raising its monthly subscription prices in April of this year.
Tech Stocks Lead Worst Performers in 2022
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