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Recession Worries Loom As Wall Street Falls Deeper Into Bear Market

Recession Worries Loom As Wall Street Falls Deeper Into Bear Market

Newsy
Wednesday, September 28, 2022 08:01:22 AM UTC

Wall Street remains on shaky ground as indexes continue to fall into a bear market amid rising inflation.

There's a dour outlook for the national and global economy, as all three major indexes on Wall Street keep falling deeper into a bear market.

There's rising inflation, along with global currencies crumpling against the dollar. 

Now, some analysts worry for those headed into retirement. Earlier this year, Quicken found almost half of people who planned to retire in 2022 were reconsidering that plan, most citing rising inflation.

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