By John Persinos
June 30 was the last trading day of the second quarter of 2022. The books are now closed on the second quarter and the first half of the year.
In the words of MAD magazine mascot Alfred E. Neuman: "Blecch."
So far in 2022, U.S. stocks have shed more than $9 trillion in value. In the second quarter, the S&P 500 index fell 16.4%. The index plunged 20.6% in the first half, its worst first six months since 1970, when The Beatles called it quits. I still blame Yoko.
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