Stocks Plummeting After News of Latest Inflation Increase

[protectionist]

Excuses are measured either.

Information-deprived victim of leftist OMISSION media, comment.

 

[otto105]

Information-deprived victim of leftist OMISSION media, comment.

56 days until you're wrong

 

[gipper]

The stock market fell the most since June 2020, following Wall Street's humbling realization that inflation is not slowing as much as hoped. The Dow lost more than 1,250 points and the S &P 500 sank 4.3%.
Red Wave coming soon, despite the "big guy"'s looney proclamations, who talks about "breathing room" while gas prices have sunk a bit they are still 33% higher than this time last year. And the big one > Housing rentals. WOW!

All over the country, the cost of rental housing has skyrocketed like never before.
The apartment I was renting in 2021, went from $600/mo to $1200/mo (100% inflation). In the Tampa Bay area, commonly, ordinary 1 bdrm apartments have jumped from $600 to $1800 (200% inflation) and many are now renting at over $2,000/mo, and the politicians from Biden on down are doing nothing.
Hey Joe, where you goin' with that microphone in your hand ?

View attachment 695970

Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report

The stock market came under pressure after the consumer price index report for August showed higher-than-expected inflation.

www.cnbc.com

 

[SweetSue92]

The red tide is still gasping for oxygen in the face of the Right to Privacy.

Very very VERY few people give a crap about that when we can't afford groceries.

But you knew this

 

[Failzero]

Very very VERY few people give a crap about that when we can't afford groceries.

But you knew this

If Shortages hit at the end of October and an Islamist inspired series of attacks happen it will rattle the Democrat Base

 

[Winco]

The stock market fell the most since June 2020, following Wall Street's humbling realization that inflation is not slowing as much as hoped. The Dow lost more than 1,250 points and the S &P 500 sank 4.3%.
Red Wave coming soon

Bookmarked.

Don't you actually have money in the market?
The Market WILL bounce back, and you WILL attribute it to anything other than Biden.

 

[Winco]

Very very VERY few people give a crap about that when we can't afford groceries.

The people that can't afford groceries NOW are the same people that couldn't afford groceries when trump was POTUS.

The rich are still rich and the poor are still poor.

 

[Failzero]

The people that can't afford groceries NOW are the same people that couldn't afford groceries when trump was POTUS.

The rich are still rich and the poor are still poor.

And the Middle Class loses the American Dream

 

[Synthaholic]

The stock market fell the most since June 2020, following Wall Street's humbling realization that inflation is not slowing as much as hoped. The Dow lost more than 1,250 points and the S &P 500 sank 4.3%.
Red Wave coming soon, despite the "big guy"'s looney proclamations, who talks about "breathing room" while gas prices have sunk a bit they are still 33% higher than this time last year. And the big one > Housing rentals. WOW!

All over the country, the cost of rental housing has skyrocketed like never before.
The apartment I was renting in 2021, went from $600/mo to $1200/mo (100% inflation). In the Tampa Bay area, commonly, ordinary 1 bdrm apartments have jumped from $600 to $1800 (200% inflation) and many are now renting at over $2,000/mo, and the politicians from Biden on down are doing nothing.
Hey Joe, where you goin' with that microphone in your hand ?

View attachment 695970

Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report

The stock market came under pressure after the consumer price index report for August showed higher-than-expected inflation.

www.cnbc.com

All of this is unbridled Capitalism. Why do you hate it? Are you calling for price controls? I'm in!

 

[Synthaholic]

Maybe one of you knuckle draggers can explain how the high price of gasoline has made rent go up? LOL!

 

[BluesLegend]

Democrats are toast. Their only hope is to kill us all before November.

Speaking of Dem election fraud many at risk Democrats are now PRETENDING to distance themselves from Biden and Democrats AFTER voting for pretty much everything Biden and Dems have done. LYING always gives Democrats hope.

 

[TheReaper]

The stock market fell the most since June 2020, following Wall Street's humbling realization that inflation is not slowing as much as hoped. The Dow lost more than 1,250 points and the S &P 500 sank 4.3%.
Red Wave coming soon, despite the "big guy"'s looney proclamations, who talks about "breathing room" while gas prices have sunk a bit they are still 33% higher than this time last year. And the big one > Housing rentals. WOW!

All over the country, the cost of rental housing has skyrocketed like never before.
The apartment I was renting in 2021, went from $600/mo to $1200/mo (100% inflation). In the Tampa Bay area, commonly, ordinary 1 bdrm apartments have jumped from $600 to $1800 (200% inflation) and many are now renting at over $2,000/mo, and the politicians from Biden on down are doing nothing.
Hey Joe, where you goin' with that microphone in your hand ?

View attachment 695970

Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report

The stock market came under pressure after the consumer price index report for August showed higher-than-expected inflation.

www.cnbc.com

 

[Mac1958]

The growth of inflation has certainly slowed, and we're certainly leveling off, and that's what has to happen before it can come back down.

But politically, it doesn't look like it's going to happen fast enough for the Dems. This one report could be damaging in terms of November. The Fed, after waiting damn near a year too long to address inflation, has to put its boot on the throat of the economy now.

 

[toobfreak]

Stocks Plummeting After News of Latest Inflation Increase​

Takes a real ass like Biden to announce he's running again even as record bad news comes in all around him and democrats beg him not to run!

 

[toobfreak]

The growth of inflation has certainly slowed, and we're certainly leveling off

Man, where do you get your bullshit economic news, from the Bitch's For Bidden Network?

 

[TheReaper]

The growth of inflation has certainly slowed, and we're certainly leveling off, and that's what has to happen before it can come back down.

But politically, it doesn't look like it's going to happen fast enough for the Dems. This one report could be damaging in terms of November. The Fed, after waiting damn near a year too long to address inflation, has to put its boot on the throat of the economy now.

What a load of bull-nonsense

 

[Mac1958]

Man, where do you get your bullshit economic news, from the Bitch's For Bidden Network?

No, from the news, facts and data I get from the proprietary dashboard provided by my Broker-Dealer to conduct my business.

You wouldn't understand.

 

[SweetSue92]

Takes a real ass like Biden to announce he's running again even as record bad news comes in all around him and democrats beg him not to run!

But he's an a-hole. He really is. The Red Scare Speech proved that.

 

[SweetSue92]

The growth of inflation has certainly slowed, and we're certainly leveling off, and that's what has to happen before it can come back down.

But politically, it doesn't look like it's going to happen fast enough for the Dems. This one report could be damaging in terms of November. The Fed, after waiting damn near a year too long to address inflation, has to put its boot on the throat of the economy now.

The people you adore are so dirty that after they have ruined everything else, they will now bring about another crisis, probably worse even than Covid, in hopes of turning their sure defeat around. The rot is up to their pieholes and they know they're going down.

I predict a near nationwide "power grid" problem. "we can't have elections! No power!"

They don't want Garland, Fauci, the election--any of it investigated. They don't care if people die.

These are you people, Mac. Hope you're proud.

 

[expat_panama]

The growth of inflation has certainly slowed, and we're certainly leveling off, and that's what has to happen before it can come back down.

But politically, it doesn't look like it's going to happen fast enough for the Dems. This one report could be damaging in terms of November. The Fed, after waiting damn near a year too long to address inflation, has to put its boot on the throat of the economy now.

It was a surprise to me that August's annualized change was not even 1.5%--

--but that's when I took a look at year over year changes--

--and saw that however minuscule the Aug. drop was, it was just not enough for today's economy. We'll eventually get relief from this problem but my guess it's not going to happen this month.