Planning Briefs

After flirting with a -20% decline from its record high price, which would have placed it in bear market territory, the stock market, as measured by the Standard & Poor’s 500 index, has bounced back – for now.  The drop in stock prices could resume, however. Inflation, Russia, and the pandemic are wild cards and any one of them could send stocks tumbling again. It’s a time of high financial anxiety.  2022 has been a bad year for investors. Since hitting a record closing-price high on January 3rd of 4,796.56, the S&P 500 index closed today at 4088.85 –   15% lower than...