Why is the market crashing, and why for this long?

Biden has complete control of the markets of course, but instead of making the markets soar to guarantee dems win in the midterms he's making it crash because he hates america or something

It’s me, all me. I want to buy a house and invest in stocks when they’re low, so I caused the crash. It will end when I want it to end

People blaming Biden have no idea what they’re talking about. What’s happening now has been coming down the pipeline since the federal reserve started quantitative easing in 2008. QE by definition is inflation, and for a long time the effects of the inflation have been felt in assets (housing and stocks). Are houses today really economically 6x more valuable then back then? No, it’s just inflation. After several failed attempts at reversing QE, the fed went balls to the wall with a 4th round of QE that started on March of 2020, and inflated the money supply 5x (80% of all dollars in existence have been created in the last two years). We began feeling the effects of that monetary inflation in the everyday cost of living, and the federal reserve is attempting to undo it by raising interest rates and eventually stopping and reversing QE. Unfortunately, that means the market will crash, and if they continue doing what they’re doing it will crash significantly more. We are in for a complete economic shitshow over the next decade.

Not a fan of Biden but to blame him as if any president can single-handedly improve or deteriorate the economy in 2 years is crazy.

Whether deserved or not, the party holding the bag during the market decline will pay the price at the polls. Add in runaway inflation and instability in Geopolitics and you have the recipe for a wave election. Bush Jr paid the price for the housing crisis stemming from many of the Clinton policies, but that did not matter to the electorate.

Globally?

Well, we did have a two year pandemic during which stocks oddly hit vast new highs and were arguably significantly overvalued, we have major supply chain issues, parts of China are back in significant lockdown which exacerbates the supply chain issues, commerce centers in cities are ghost towns as people shifted to hybrid working models and no one has figured out what to do with rapidly devaluing commercial real estate and commercial mortgage assets, etc.

Is this a serious question? Not sure why it's in the politics bowl. But take a 50k foot view of the macro environment going back to 2019-2020. The markets have been overpriced for a very long time. Covid dip was supposed to correct it, and instead it got inflated even further. Another 20% slump would bring it where it needs to be

I put some money in buying the dip. Well, you know the rest.

Every. Single. Time.

Government spending. And it won’t stop any time soon.

(a) Overheated market and (b) global chaos with war in Ukraine plus pandemic affecting supply chains plus labor shortage are two major drivers. Just hold on to your assets. It will slowly rebound.

The government has done everything it can to prevent the lasting correction that naturally should have occurred after the 2008 crash. It wasn’t allowed to happen and instead the government further inflated stocks and housing. It’s 100% going back to a rational value at some point, unless the government decides to keep artificially propping things up. It’s just a question of when.

The market still needs to fall another 10% to be equal to the highest point it ever reached under Trump before the Nov election.