Why I’m Not Worried About the Stock Market

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There are a lot of scary words circulating with “recession” and “inflation” at the top of the list. People are worried about the economy and the Federal Reserve has not helped because it is steadily raising interest rates. That works in theory as a check on inflation, but usually makes money more expensive, affecting mortgage rates, credit card rates, and basically all the money people borrow in the future.

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That has steadily pushed the Dow Jones Industrial Average down. The index fell nearly 500 points on September 23, reaching a low for 2022. Broadly speaking. it’s not just the Dow, the Nasdaq has been steadily declining as well.

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