Will the tanking stock market doom President Biden and the Democrats?
9 days ago - By Boston Herald
President Biden speaks during a visit to Jeff O'Connor's farm in Kankakee, Ill., Wednesday, May 11, 2022. (Tiffany Blanchette/The Daily Journal via AP)
President Biden's honeymoon phase with the stock market has officially ended.
In Biden's first year in office, the benchmark S&P 500 seemed to only go one direction - up. Markets shrugged off an attempted insurrection, the lingering COVID-19 pandemic and political deadlock in D.C., and the S&P 500 notched 70 record highs in 2021, rising 27%.
2022 has been a different story.
Surging inflation and the Federal Reserve's attempts to cool off...
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