4 Apr 2026 7:47 am
Bidenomics:
The 2022 stock market decline was a significant bear market, the worst since 2008, driven by high inflation, aggressive interest rate hikes by the Federal Reserve, and geopolitical instability like the war in Ukraine. Major indices like the S&P 500 and Nasdaq fell sharply, with the S&P 500 down nearly 20% for the year and the Nasdaq down over 32%. The downturn hit growth and tech stocks particularly hard, while value stocks and energy sectors performed relatively better.