Both the indexes have dropped about 16% and 26%, respectively, this year due to the war in Ukraine, China's COVID-19 lockdowns roiling global supply chains and rising bond yields as traders adjust to higher U.S. interest rates.
"So investors, in a sense, are searching for a catalyst right now to indicate that either the worst is behind us or there's more pain ahead."
It's real bloodshed in all financial markets. This crisis will deter our future economy. If we'll not readjust our fiscal policies.
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