A second major international conflict in as many years has begun, leaving investors to wonder what more upheaval means for their portfolios.
The S&P 500 seemed like an unstoppable force this year, with stocks pushing higher as fears of a recession faded. But last month the market met an immovable object named Jerome Powell, who made it clear that the Fed may need to keep rates higher for longer than anyone anticipated, reigniting recession worries and sending stocks tumbling.
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