2022 stock market decline

The 2022 stock market decline was a bear market that included the decline of several stock market indices worldwide between January and October 2022. The decline was due to the highest inflation readings as part of the 2021–2023 inflation surge and the resulting increases in interest rates, combined with the worst year for the bond market since 1994 with fears of a global recession due to a decline in economic indicators and an inverted yield curve, exacerbated by supply chain disruptions due to the Russian invasion of Ukraine and uncertainty over the long-term effects of the COVID-19 pandemic on the economy.

Source: Wikipedia — 2022 stock market decline (CC BY-SA 4.0)