What Feels Best in a Bear Market Could Be the Worst Decision for Your Financial Health
The worse-than-expected May inflation reading was a tipping point for investors hoping inflation would reverse its trend and begin ticking down. The rude awakening came as the Consumer Price Index increased by 8.6% for the 12 months ending May 31, which the U.S. Bureau of Labor Statistics quoted as the largest 12-month increase in over 40 years. There's no doubt that selling and walking away to stop the bleeding can be an emotional release.
