alabdy
07-19-2022, 04:08 AM
The meteoric rise of the U.S. stock market over the past two years has come to an abrupt end.
A steep downturn recently has led to what’s known as a bear market. But what does that mean, and why might policymakers have to hurt the economy to help it in the long term?
Guest: Jim Tankersley (https://www.nytimes.com/by/jim-tankersley), a White House correspondent for The New York Times, with a focus on economic policy.
Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter (https://www.nytimes.com/newsletters/the-daily?module=inline).
Background reading:
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage (https://www.nytimes.com/2022/06/13/business/bear-market-timeline-stocks.html).
The last such drop happened in early 2020 as the coronavirus spread. Here’s what else to know (https://www.nytimes.com/2022/06/13/business/bear-market-history.html) about bear markets.
For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily?smid=pc-thedaily). Transcripts of each episode will be made available by the next workday.
أكثر... (https://www.nytimes.com/the-daily)
A steep downturn recently has led to what’s known as a bear market. But what does that mean, and why might policymakers have to hurt the economy to help it in the long term?
Guest: Jim Tankersley (https://www.nytimes.com/by/jim-tankersley), a White House correspondent for The New York Times, with a focus on economic policy.
Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter (https://www.nytimes.com/newsletters/the-daily?module=inline).
Background reading:
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage (https://www.nytimes.com/2022/06/13/business/bear-market-timeline-stocks.html).
The last such drop happened in early 2020 as the coronavirus spread. Here’s what else to know (https://www.nytimes.com/2022/06/13/business/bear-market-history.html) about bear markets.
For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily?smid=pc-thedaily). Transcripts of each episode will be made available by the next workday.
أكثر... (https://www.nytimes.com/the-daily)