What a Bear Market Means for the Economy

If you invested pandemic-era gains into the stock market, or own a 401(k) plan, get ready for an anxiety-inducing ride. For the first time in nearly two years, the stock market crossed into bear market territory this week as inflationary concerns have sent the S&P 500 spiraling down more than 20% from its record high in early January.

The grim milestone marks yet another low point for…

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