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re: Dow Futures down 300...Nasdaq futures down 200.

Posted on 1/21/22 at 2:09 pm to
Posted by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
26403 posts
Posted on 1/21/22 at 2:09 pm to
Markets are reacting to the double whammy failures of both Build Back Better and the For The People Act. Tie into this the marathon COVID scare.

The pessimism circulating through America has reached a crescendo, and the markets are reacting accordingly.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/21/22 at 2:11 pm to
Why would the markets care about the voting act? To me this is all about high inflation leading to a hawkish Fed sucking money out of the markets and expectations of interest rate hikes following a time of exceptionally friendly monetary policy. IMO people are trying to force a political narrative depending on their particular slant
This post was edited on 1/21/22 at 2:20 pm
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