North Central College in the News
North Central College assistant professor of economics and finance featured on WGN-TV
May 26, 2022
Ryan Decker discussed the turbulent stock market and its impact on personal finances
The S&P 500 registered five consecutive weekly declines, its longest streak of losses since June 2011. The financial markets are coming to grips with the Federal Reserve’s policy change, as geopolitical factors complicate the outlook for the global economy. Many Americans are questioning how the turbulent stock market will impact their households.
Dr. Ryan Decker, assistant professor of economics and finance at North Central College interviewed with WGN-TV to bring some clarity for the fluctuation.
“There’s a lot of uncertainty right now with the war, rising gas prices, rising interest rates, COVID shutdowns and the supply chain issues,” said Decker. “With all this uncertainty, investors don’t like it and so what we’re seeing is a lot of people thinking the market will drop even further. As a result, they’re selling now, which is self-fulfilling to cause the market to continue to drop.”