Pandemic, War, Inflation Impacting Bottom Line

The experience of companies both large and small has been nothing short of a roller coaster ride for the last two years, and the hills and valleys will not be ending any time soon. From a total shutdown in March 2020 to a somewhat healthy rebound in 2021, several recent factors have caused a new downturn in stocks, and companies are losing money and tightening their belts on spending. For a nation that was just getting its sea legs after the pandemic, companies simply cannot keep pace with the war in Ukraine, the slow exports from Covid-ridden China, the highest inflation in nearly 40 years, and a mangled supply chain. With so many difficulties that companies have to face at the same time, even many big-name companies are struggling.

Crypto Crisis

There is no doubt that the world of crypto is currently in a very dark place, but frankly, it is simply echoing the stock market, and both are looking rather sickly. The Federal Reserve hiked the rates in early May, and stocks are now experiencing a bear market. As a result, Bitcoin fell over 10%, now down over 35% year to…