Word on the Street

The stock market has seen some wild swings in the bear market of 2022. The S&P 500 had its worst start to the year since 1970, dropping 21% the first six months. Since entering a bear market in early June, investors have been waiting for a sign the downturn is over. That sign is capitulation, which literally means to surrender. So what does it mean in the finance world? Definition Capitulation is the moment a significant number of investors throw in the towel and sell stock at a loss. It’s a panic sell, and it comes when investors fear a…