A Bull, a Bear, or a Bull in a Bear?
16th August 2022 • Providend's Market Review • Providend Ltd
00:00:00 00:06:42

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August 2022 Mid-Month Market Review Summary Points:

  • Nasdaq and S&P 500 have bounced more than 20% and 17% respectively from the recent lows, so there is talk in the press about a new bull market for Nasdaq, but they are still down 18% and 10% for the year.
  • New information on interest rate hike and economic growth is driving the market rally.
  • Staying invested and not missing some of the days of strong returns help investors in capturing the gains of this rally.

For the complete market review, you can visit https://providend.com/a-bull-a-bear-or-a-bull-in-a-bear-mid-month-market-update-august-2022/

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