By Staff Reporters
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- Stocks Markets: The stock indexes surged higher—and the Dow [DJIA] had its best day of 2022. Just how volatile was the market this week? The S&P swung at least 2.25% every single day…and ended up on Friday afternoon around where it will start today Monday morning.
- Economy: New data showed that overall compensation climbed 4% annually last quarter, the biggest jump in two decades. That’s still not enough to keep up with inflation, which is climbing at its fastest pace since 1983.
- PANDEMIC: Americans are not OK during the pandemic. According to the General Social Survey, the share of people who said they were “very happy” plunged from 31% in 2018 to 19% in 2021, while the share of people who were “not too happy” surged from 13% to 24%. Over the past few decades, the very happy people had outnumbered the not-too-happies by about three to-one.
- CITE: https://www.r2library.com/Resource/Title/082610254
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