Description

It's June 2022 and the United States has officially entered a Bear Market. What is the definition of a bear market?  What should you do in a bear market? Is it time to panic? Sammie and Michelle talk about how to survive a bear market and maybe even thrive in it. We even touch on the crypto bear market aka crypto winter.

Take a look at your personal finances, don't panic and listen to this weeks personal finance episode to learn more about our thoughts on the bear market. 

Show Notes:

• Bear Hunting Season 
• Inflation is Increasing 
• Federal Funds Rate - 62 Year Historical Chart
• Unemployment is Low (U.S. Bureau of Labor Statistics)
• The Great Recession (2007-2009)
• "The longest bull market in U.S. stock market history began in the depths of the financial crisis in 2009 and lasted almost exactly 11 years..."
• "I bet you dip, he dip, she dip" - Cardi B, Bodak Yellow 
• Who are the winners and losers of the Fed hiking interest rates? (NPR)

Related Status Post Adulting Personal Finance Episodes:

• 5: Personal Finance Basics (Apple or Spotify)
• 16: Tracking Your Spending (Apple or Spotify)
• 31: How To Invest In Index Funds (Apple or Spotify)
• 35: How To Negotiate A Higher Salary (Apple or Spotify)
• 41: F U Money (Apple or Spotify)
• 57: Down Like The Economy (Apple or Spotify)

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