Stock Market Drops 1,000 Points As Fed Chairman Forecasts Pain From Biden Economy In Your Future...

[easyt65]

Please keep your hands, feet, and wallet inside the car at all times...

Let's go, Brandon!

Stocks plunge, Dow falls 1,000 points after Fed chair’s comments

Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation.

fox8.com

 

[1srelluc]

It's "only" down 757 now.

 

[The Duke]

It's "only" down 757 now.

Down 700+ Friday, too.

 

[BasicHumanUnit]

That was quite a fantasy......
Spending trillions on nothing....and expecting economic growth.
Funny how the Left thinks.
(Until you realize the plan all along was to bankrupt America)

 

[1srelluc]

Down 700+ Friday, too.

It was close to 1K down this past Friday.

 

[Mikeoxenormous]

Please keep your hands, feet, and wallet inside the car at all times...

View attachment 688818
Let's go, Brandon!

Stocks plunge, Dow falls 1,000 points after Fed chair’s comments

Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation.

fox8.com

Companies that didnt borrow from the Quantitative Easing to buy back their shares of stock, arent going to be hit as hard as those who now will face higher interest rates on those shares. Nasdaq will get hit really hard.

 

[The Duke]

That was quite a fantasy......
Spending trillions on nothing....and expecting economic growth.
Funny how the Left thinks.
(Until you realize the plan all along was to bankrupt America)

Cloward-Piven strategy.

 

[B. Kidd]

Significant job loss any moment now, 5...4...3......

 

[The Duke]

Significant job loss any moment now, 5...4...3......

Food and fuel shortages next.

 

[1srelluc]

My bad....12 down....I was looking at week to date figures.

 

[Dragonlady]

Please keep your hands, feet, and wallet inside the car at all times...

View attachment 688818
Let's go, Brandon!

Stocks plunge, Dow falls 1,000 points after Fed chair’s comments

Stocks are ending sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation.

fox8.com

Did you think that Donald Trump could run amok fiscally for 4 years and bankrupt the Treasury and the nation would have "no pain" in dealing with the fallout of his bad decisions????

Just your costs on the covid pandemic were triple what they should have been because Trump let the virus run free to achieve "herd immunity". You've paid for 100 million tests, and for treating more than 40 million citizens getting sick. That didn't happen for free.

The bill had to come due sometime, and now that you have a fiscally responsible Democrat in the White House, you're blaming Biden for the pain you're now feeling dealing with the fallout from Trump's failures.

 

[Billy_Bob]

Significant job loss any moment now, 5...4...3......

Its already happening. Walmart, Target, and many other major retailers stopped hiring and are now letting staff leave without replacing them. When they would usually be hiring for the holidays... The layoffs will be massive soon.

 

[ColonelAngus]

Potus is compromised.

The crushing of the economy is by design.

 

[CowboyTed]

Did you think that Donald Trump could run amok fiscally for 4 years and bankrupt the Treasury and the nation would have "no pain" in dealing with the fallout of his bad decisions????

Just your costs on the covid pandemic were triple what they should have been because Trump let the virus run free to achieve "herd immunity". You've paid for 100 million tests, and for treating more than 40 million citizens getting sick. That didn't happen for free.

The bill had to come due sometime, and now that you have a fiscally responsible Democrat in the White House, you're blaming Biden for the pain you're now feeling dealing with the fallout from Trump's failures.

They can't help themselves..

So for some perspective please use the list of excuses for the Trump Stock Market crash...

This is probably a cooling at the possibility of raising corporate taxes, the reduction under Trump didn't create any jobs but allowed Companies to do stock buy backs...

 

[ColonelAngus]

Putin market correction

 

[BluesLegend]

Biden headline...STOCKS CRATER! Team Biden and their idiotic Dem spending and policies are wrecking everything.

 

[Harpy Eagle]

It's "only" down 757 now.

it is only down 90 now. Seems people found some good bargains.

 

[Harpy Eagle]

Its already happening. Walmart, Target, and many other major retailers stopped hiring and are now letting staff leave without replacing them. When they would usually be hiring for the holidays... The layoffs will be massive soon.

such wishful thinking. We have 10 million open jobs. More open jobs than people on UE. More open jobs than at any point in our history.

 

[Dragonlady]

They can't help themselves..

So for some perspective please use the list of excuses for the Trump Stock Market crash...

This is probably a cooling at the possibility of raising corporate taxes, the reduction under Trump didn't create any jobs but allowed Companies to do stock buy backs...

Yes, plus interest rates for businesses have been at so close to zero percent for the past two decades, that people now consider an interest rate of 4% to be excessive and inflationary. The mortgage on my first house was at 12% per annum. Then rates down to 6% and we thought we'd died and gone to heaven!

Why is there never any mention of the 11 million job openings in the USA???? Everyone is going batshit crazy over able bodied people who "refuse to work", while taking government handouts. Why aren't companies offering "free training" to get people trained to do these jobs? Why isn't the government?

If I were looking to open a manufacturing plant, I would be looking for a country with high unemployment and a well educated work force. Oh yeah, a good electrical grid and other infrastructure, and political stability. That's NOT the USA. And if you want a foot into the NA Free Trade Zone, increasingly that plant is going to be built in Canada.

I'd be keenly interested in knowing why all of our resident right wing "younger voters" are still HERE posting 40+ times per day, calling other posters "morons", rather than working full time.

 

[iceberg]

Did you think that Donald Trump could run amok fiscally for 4 years and bankrupt the Treasury and the nation would have "no pain" in dealing with the fallout of his bad decisions????

Just your costs on the covid pandemic were triple what they should have been because Trump let the virus run free to achieve "herd immunity". You've paid for 100 million tests, and for treating more than 40 million citizens getting sick. That didn't happen for free.

The bill had to come due sometime, and now that you have a fiscally responsible Democrat in the White House, you're blaming Biden for the pain you're now feeling dealing with the fallout from Trump's failures.

i don't know what donald would have done. you don't either. you just want to assume it would be worse than what we have now cause you are after emotional validation.

all your covid talk to try and slam trump is funny given that the truth is out now that they never really thought they could control the virus, only citizens.

now if the bill is due - pay the motherfucker. stop spending.

yet here we go. spending away which is a direct contradiction to what you are blithering about now.