Markets are in trouble,

The last time the index, which is down by over 20% after entering bear market territory two weeks ago, hit such a bad midyear point was in 1962, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.Markets this year have been roiled by a number of unfriendly headwinds: Russia’s war in Ukraine, Covid-19 lockdowns in China, surging inflation and aggressive rate hikes by the Federal Reserve. All of these factors have fueled investor fears of a recession, causing a rush to the exits. The S&P 500 has lost $8.2 trillion in total dollars since the start of the year. The index is on track to have

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