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S&P 500 heads to worst first half since 70s as recession fears loom

Ordinary Guy

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Consumer inflation rose 8.6% in May, a fresh 40-year high

Stocks are about to turn in the worst first half in fifty years when the second quarter wraps on Thursday as inflation sits at a 40-year high.

The S&P 500, the broadest measure of stocks, is down nearly 18% this year the worst since 1970, as tracked by Dow Jones Market Data Group. That makes 2022 the fifth-worst half performance on record.

Stocks are falling as the possibility of a recession rises.

"I think there is a very real risk of a recession, it is perhaps inevitable we do have an economic downturn before 2024," said John Lonski, president of economic forecasting firm Thru the Cycle.

https://www.foxbusiness.com/markets/...lf-since-1970s

Thank you Democrats!!
 

Moonglow

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Consumer inflation rose 8.6% in May, a fresh 40-year high

Stocks are about to turn in the worst first half in fifty years when the second quarter wraps on Thursday as inflation sits at a 40-year high.

The S&P 500, the broadest measure of stocks, is down nearly 18% this year the worst since 1970, as tracked by Dow Jones Market Data Group. That makes 2022 the fifth-worst half performance on record.

Stocks are falling as the possibility of a recession rises.

"I think there is a very real risk of a recession, it is perhaps inevitable we do have an economic downturn before 2024," said John Lonski, president of economic forecasting firm Thru the Cycle.

https://www.foxbusiness.com/markets/...lf-since-1970s

Thank you Democrats!!
Good, it was way overvalued doe to quantative bond buying and currency bouyancy under Trump to support them during a recession in 2020
 

Rye Catcher

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The Ordinary Guy is not Nostradamus.
 

Golfing Gator

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Consumer inflation rose 8.6% in May, a fresh 40-year high

Stocks are about to turn in the worst first half in fifty years when the second quarter wraps on Thursday as inflation sits at a 40-year high.

The S&P 500, the broadest measure of stocks, is down nearly 18% this year the worst since 1970, as tracked by Dow Jones Market Data Group. That makes 2022 the fifth-worst half performance on record.

Stocks are falling as the possibility of a recession rises.

"I think there is a very real risk of a recession, it is perhaps inevitable we do have an economic downturn before 2024," said John Lonski, president of economic forecasting firm Thru the Cycle.

https://www.foxbusiness.com/markets/...lf-since-1970s

Thank you Democrats!!

In Mid March we sold our SPY shares for the cash for the earnest money on the house we are having built.

Every day I am reminded it was the right choice.
 
OP
Ordinary Guy

Ordinary Guy

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Good, it was way overvalued doe to quantative bond buying and currency bouyancy under Trump to support them during a recession in 2020
and now the idiots chime in as they have no money to invest due to their lazy fuck attitudes
 

otto105

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Consumer inflation rose 8.6% in May, a fresh 40-year high

Stocks are about to turn in the worst first half in fifty years when the second quarter wraps on Thursday as inflation sits at a 40-year high.

The S&P 500, the broadest measure of stocks, is down nearly 18% this year the worst since 1970, as tracked by Dow Jones Market Data Group. That makes 2022 the fifth-worst half performance on record.

Stocks are falling as the possibility of a recession rises.

"I think there is a very real risk of a recession, it is perhaps inevitable we do have an economic downturn before 2024," said John Lonski, president of economic forecasting firm Thru the Cycle.

https://www.foxbusiness.com/markets/...lf-since-1970s

Thank you Democrats!!
How are the unemployment numbers and claims?
 

Delldude

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Consumer inflation rose 8.6% in May, a fresh 40-year high

Stocks are about to turn in the worst first half in fifty years when the second quarter wraps on Thursday as inflation sits at a 40-year high.

The S&P 500, the broadest measure of stocks, is down nearly 18% this year the worst since 1970, as tracked by Dow Jones Market Data Group. That makes 2022 the fifth-worst half performance on record.

Stocks are falling as the possibility of a recession rises.

"I think there is a very real risk of a recession, it is perhaps inevitable we do have an economic downturn before 2024," said John Lonski, president of economic forecasting firm Thru the Cycle.

https://www.foxbusiness.com/markets/...lf-since-1970s

Thank you Democrats!!

OG - the Biden economy theme song:

 

Leo123

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Good, it was way overvalued doe to quantative bond buying and currency bouyancy under Trump to support them during a recession in 2020
That only proves the economy was good under Trump. Biden killed the economy when he assumed office and before that, Democrats caused the downturn in 2020 because of their draconian Covid restrictions. Biden gave the fatal blow when he rolled back Trump's economy bolstering energy EO's.
 

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