Nasdaq near 14 year low

[Horace]

Well that's what a headline writer at CNN seems to think.

https://www.cnn.com/2022/04/29/investing/dow-stock-market-today/index.html

Nasdaq closes month near 14-year low as recession fears grow stronger
By Nicole Goodkind, CNN Business
Updated 4:21 PM EDT, Fri April 29, 2022

I am told that headline writing is a different job than article writing. Their job is to generate clicks. Maybe the headline writer should adhere to reality just a little bit though?

In Biden's America, we're going to start cracking down on this sort of misinformation. CNN beware!!

[George K]

I know, I know. It's not that simple.

But that's what Joe Six-pack (was that racist, by the way?) is seeing.

[Horace]

Aw, they caught their mistake, and reworded the headline.

Nasdaq wraps its worst month in nearly 14 years as recession fears grow stronger

[jon-nyc]

I was at Nasdaq during the dot-com boom and bust. Saw it reach 3, 4, and 5k for the first time ever then go down to 1800 or so. Those were interesting times.

[George K]

@jon-nyc said in Nasdaq near 14 year low:

Those were interesting times.

"May you live..."

[89th]

Can't time the market, but I'd have to imagine if we're still at this level (or below) in 6-12 months, it would be a good time to throw cash into the market and ratchet up the aggressiveness of 401k plans. Most recessions or crashes seem to rebound in 12-24 months. I'm on a 20+ year horizon though so maybe anytime now is "good timing".