A bad start to 2022 just got a whole lot worse.
Dow Jones Industrial Average
declined 1646.44 points, or 4.6%, this past week. That looked stellar next to the
which fell 5.7%, and the
which dropped 7.6% and is now down 14% from its all-time high, hit back in November. All three suffered their worst weeks since 2020.
The drops make a strange kind of sense. Last year’s gains were fueled by a combination of