Interest rate was hiked rapidly from 1% (in May 2022) to 4% (in Dec 3 2022). Oct... | Hacker News

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		rdsubhas 6 months ago \| parent \| context \| favorite \| on: Evidence that AI is destroying jobs for young peop... Interest rate was hiked rapidly from 1% (in May 2022) to 4% (in Dec 3 2022). Oct 2022 recorded the lowest for S&P 500 since COVID (till now). COVID assistance was over. Vaccination reached a critical majority. On Sep 2022, Biden declared "COVID-19 pandemic was over" [1]. Businesses got a reality check. 1: https://en.wikipedia.org/wiki/COVID-19_pandemic_in_the_Unite...

thr0w 5 months ago [–]

Yep, interesting. Thank you.

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