Bear Market Strategy for Millennial Investors

If there was a prize for living through unprecedented events, the millennials might have taken first place. Older millennials entered the job market during the Great Recession and since then there has been a catastrophic pandemic and an inflationary spike the likes of which has not been seen in 40 years. In addition, the stock market has been reeling from the Federal Reserve’s moves to moderate inflation.

The S&P 500 index officially fell into bear market territory on June 13, having fallen 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 was down 23.2% from its peak.


Leave a Reply

Your email address will not be published.

Related Articles

Back to top button