'Recession Risks Are High': Fears Prompt Stock Plunge as Inflation, Spiking Gas Prices Hurt Average Americans

Posted on AllSides May 19th, 2022
From The Right
Economy and Jobs, Recession, Stock Market
NYSE via AP

The number one issue on Americans' minds in this election year is inflation and the economy.

High inflation rates and plenty of uncertainty about the state of the economy are sending chills through investors.

The stock market suffered a devastating day Wednesday following disappointing earnings reports from some of the top U.S. retail chains like Target and Walmart.

Stocks continued their slide on Thursday pushing the S&P 500 to the brink of a bear market and warnings of a possible recession in the next year.

"Recession risks are high —...

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CBN

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https://www1.cbn.com/cbnnews/us/2022/may/recession-risks-are-high-fears-prompt-stock-plunge-as-inflation-spiking-gas-prices-hurt-average-americans

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