S&P500 down YoY for 1st time since covid. Crash or no crash?
Vertiv
π πΏπ
Apr 26
18 Comments
S&P500 is down for the 1st time year on year (365 day frame) since Covid 19!
Is the crash coming?
Tc:160k
comments
Post-COVID and war effects are different than recession.
Hiring was much higher in past two years because h1b new arrivals were limited due to COVID. It will be corrected this year. Unnecessary panic.
Recession is not just stock market. It is one of the indicator and it is an unreliable indicator