The U.S. Stock Market: Best and Worst Performing Sectors in 2022
The U.S. Stock Market: Best and Worst Performing Sectors in 2022
The markets in 2022 were characterized by a lot more pain than gain.
In the U.S., the Fed hiked interest rates seven times. Globally, central banks raised interest rates for the first time in years in order to combat surging inflation. The Russian invasion of Ukraine and China’s COVID Zero ambitions threw markets and supply chains into further disarray.