Cash savings rates for many banks have reached decade-highs. In contrast, savings rates for individuals have reached decade-lows.
Past bear markets have been as short as a month and as long as nearly two years.
President Joe Biden blamed Russian President Vladmir Putin for the country's record rises in inflation.
Most economists do not believe the Federal Reserve will raise rates by 0.75 percentage points in 2022.
Protesters demanded that Ecuadorian President Guillermo Lasso drop gas prices and freeze them at $1.50 per gallon.
Experts say supply chain issues are to blame for the shortage.
The issue with the most obvious solution to Biden's problem is that it has its own political cost—one that requires him to have to sacrifice an economic win.
"Of course, we have the war in Ukraine and its repercussions. We have increasing interest rates, tightening financial conditions," Ayhan Kose said.
"Equity valuations remain far from depressed," said David J. Kostin with Goldman Sachs.
"We may well get to 9 percent at this rate," Allianz chief economic adviser Mohamed El-Erian warned Sunday.
Larry Summers noted Sunday that periods of high inflation and low unemployment are "almost always" followed by a recession.
Ren's Mobil Station owner Reynold Gladu received praise for protesting oil companies "fleecing Americans."
The president said Exxon "made more money than God this year."
"Every once in a while, something you learn makes you viscerally angry," Biden said from America's busiest port on Friday.
The U.S. Labor Department reported the highest year-over-year Consumer Price Index (CPI) increase since December 1981 on Friday.
Gas prices have not been as low as 69 cents per gallon since the late 1970s.
Not only are Americans more worried about issues like inflation, more than half describe themselves as "burned out" over U.S. politics.
The president used a Monopoly reference when discussing with Jimmy Kimmel how the Republican Party don't "play square" in terms of politics.
The Louisiana Republican said taking the drug and running everywhere is a better option than buying gas for vehicles amid record-high prices.
The national average for a gallon of regular gas was $4.848 on Jun 5, up 60 cents from a month ago.
Acute hunger might increase by 17% globally if the war continues, with the sharpest increases expected in countries in East, West, and Southern Africa.
The annualized rate of U.S. inflation in May dipped to 8.3 percent but was still near a 40-year high.
Biden spent the week pushing an optimistic message on the U.S. economy, but his detractors are warning Americans: "You better brace yourself."
President Biden needs a history lesson from former President Jimmy Carter.
President Joe Biden faces significant midterm election challenges as inflation has pushed up the price of goods throughout his time in office.
The White House has stated that it's a priority of President Joe Biden's administration to curb inflation as food and gas prices skyrocket in the U.S.