INDIANAPOLIS — There is a lot going on in the world right now, the stock market mirrors it.
Why are we seeing dips?
Dr. Matthew Will, a University of Indianapolis associate professor of finance, said the stock market is a function of profits and interest rates. Right now, both are impacted.
"Thirteen percent of the companies have reported earnings, and they're below expectations, and the expectation is that they're going to get even worse," Will said.
Some of the reasons, he added, includes supply chain delays, COVID mandates and other policies coming out of Washington.
"If there's an attack on a business, that's an attack on your retirement plan and your savings account. Businesses and their profits are the things that give you the wealth by which you retire," Will said.
As for interest rates, those could change during the Federal Reserve's Tuesday and Wednesday meetings set to attempt to get a handle on inflation.
I'm seeing losses. What should I do?
"I always like to say the stock market is like a roller coaster. It's going to go up and down and up and down, and you've just got to enjoy the ride. So put your hands up and scream, and hold on to your investments," Will said.
As your screaming during these times, Will said to remember that in 20 years, you should be happy with the results.
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