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

[Ordinary Guy]

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]

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

 

[Mr Natural]

The stock market has correctly predicted 10 of the last seven recessions.

 

[Rye Catcher]

The Ordinary Guy is not Nostradamus.

 

[Harpy Eagle]

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.

 

[Ordinary Guy]

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

 

[Moonglow]

and now the idiots chime in as they have no money to invest due to their lazy fuck attitudes

I don't gamble unless I control the game.

 

[Ordinary Guy]

I don't gamble unless I control the game.

and you don't control the game since you don't work

 

[Moonglow]

and you don't control the game since you don't work

Impress me with your lack of knowledge

 

[Failzero]

There will be another War ( In Two Weeks )

 

[otto105]

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?

 

[otto105]

I have a job dumbfuck, give your Mom a break and make your own bed

You still working the blow job?

 

[otto105]

and now the idiots chime in as they have no money to invest due to their lazy fuck attitudes

I just bought 200 shares of AMD today.

 

[Failzero]

I just bought 200 shares of AMD today.

I ordered a 20” Government profile A2 Barrel and another Glock today

 

[otto105]

I ordered a 20” Government profile A2 Barrel and another Glock today

Good for you. Enjoy the protection against squirrels

 

[Ordinary Guy]

Impress me with your lack of knowledge

come back to me with your special ignorance

 

[Failzero]

That is provided by my Current California CCW

 

[Delldude]

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:

 

[Moonglow]

come back to me with your special ignorance

Once you learn to be literate I will.

 

[Leo123]

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.