Shesa's SEPTEMBER 2022 Investment Blog
By Shesa Nayak Welcome to my investment blog! U.S. Stock Market Commentary Historically September has never been a great month for the investors. This year the situation has further aggravated and markets rattled due to ongoing macro economic situations. Wall Street wrapped up one of its worst weeks in months. All the stock indexes suffered their fourth losing week in last 5 weeks. The Down Jones is down 16.6% , S&P down 19.6% , NASDAQ down 29.4% from their all-time high. Last week the stock market got smacked because of high CPI (Inflation) number, retail sales number, warnings by FedEx and General Electric. We may see many more companies warn in days and weeks ahead. In addition, we saw quadruple witching that happened last Friday, 9/16 contributing to the downfall of stock indexes . As such, this may not be an exciting time as an investor but we have to understand that stock market takes its own course. The bearish sentiments in the stock markets are still ve...