Global equities are having a very difficult start to 2022 as inflation crashes the decade-plus liquidity party. Investors fearing the Fed will not only take away punch bowl but also turn off the lights are fleeing stocks. Nowhere is this sentiment more evident than among growth companies that flourished during the COVID-19 pandemic. The Visual Capitalist has great chart showing the state of some popular pandemic and tech-centric stocks in January:
Source: The Visual Capitalist
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