Opinion: What does the stock market wobble mean for San Francisco?

"Stock market fluctuations like this are not uncommon, especially since the March 2020 crash. Day-to-day dips and fluctuations are fairly common in the stock market.

So why is this time different? There are main reasons. First, the decline has been persistent, without any sign of reversal, since Friday. Second, the decline has effectively wiped out gains made since the Russian invasion pushed markets into their worst turmoil since the pandemic began. And third, both Deutschebank and Bank of America announced predictions of a serious economic recession in the U.S. by 2023, if not sooner." Read more here: https://www.sfexaminer.com/opinion/opinion-what-does-the-stock-market-wobble-mean-for-san-francisco/