Is Inflation a Bad Thing or a Good Thing?

All 11 sectors in the S&P 500 traded lower this Hump Day; we are currently experiencing the worst selling in the market since early 2021. Major indexes now have a three-day losing streak, with today's tallies each down 2% or more. Losses accelerated into the close, with the Dow more than 700 points lower at one stage. It finished the day -681 points or -1.99%, the Nasdaq -2.65%, the S&P 500 -2.15% and the small-cap Russell 2000 enduring a hurtful -3.25%.