Investors React: Stocks Drop as Inflation Rate Shocks Market
Today's news that inflation hit a 40-year high has the market falling fast. Even for the most seasoned investor, large market swings due to scary-sounding headlines can be challenging. Especially after the rough start to 2022, today's market downturn may have you contemplating changes to your investment strategy.
Luckily, you're not alone! Here with their reactions to today's news are three Motley Fool writers with their unique takes on what this all means, and what they're thinking about their own portfolios.
Kristi Waterworth: The market is a fickle beastie and it sometimes does things that don't really make sense to me. For example, the inflation rate came in higher than expected, except... was it really that unexpected? We've all been to the grocery store in the last month, random generic investors included. We know milk is high, we know gas is high, so for news that inflation is high to be such a shocker is really more of a sentiment about the general atmosphere in the world than it is about the market.
Source Fool.com
