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@d12321 more from that month

Tesla (↓66) and Meta (↓64) became the biggest losers in the S&P 500 πŸ‘† In total, since the beginning of the year, the index has fallen by 19%, the maximum drawdown was 27% and was recorded on October 10. The main decline was given by Apple, Google, Amazon, Microsoft, Meta and Tesla. And the main culprit of the bearish feast is the tightening of the Fed's monetary policy, which raises the rate and withdraws liquidity from the markets to fight inflation. Those who bet on certain sectors of the index, such as the defense industry, healthcare and oil, have earned this year. The more wars and diseases, the better for such companies πŸ˜•

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