The first half is not good for the stock market. According to the current data, the S&P 500 index reports a more than 17% fall in the last 6 months.
First Half of 2022
$100B Club Has Only 5 Man
Before 2022 there are 10+ riches persons who have more than $100B in wealth but for now, there are only 5 members left in this club.
During high inflation, people borrow less and spend less which affects the demand, companies' earnings decrease, and stock prices drop.
Why Billionaires Lost Money