We are mid-way into a year far more turbulent than any analyst would have predicted and uncertainty must be at an all-time high. The return of inflation, geopolitical risks, supply chain disruptions, the normalization of US monetary policy, COVID-19 lockdowns in China, fuel and food price hikes, and many more have combined to make uncertainty higher than its been since the financial crisis of 2007/2008.
I’ve written about the country’s economic challenges here and some of the government’s attempts to address it here, so I will not repeat myself. I just want to note that in the midst of these challenges, an 8.74% decline in stocks is not as bad as it could have been. Especially when financial stocks are up 1.17%.
If you have not read about how to invest during difficult times, you can read that here. For now, see how each stock performed below.