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Wall Street Year To Date Disaster....

Posted on 2/18/22 at 12:02 pm
Posted by Bigdavewave
Member since Jul 2017
404 posts
Posted on 2/18/22 at 12:02 pm
Nasdaq down 14%; S&P down 9%; DOW down 7%. Ouch!!!
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11321 posts
Posted on 2/18/22 at 12:06 pm to
And, we face inflation in the 7 to 11 percent range yet prices for goods have far exceeded even those rates of increase....bandits all around, facking fellow citizens and not thinking twice about it....keep it up and everyone loses (which just might be the medicine we deserve)
Posted by skewbs
Member since Apr 2008
1998 posts
Posted on 2/18/22 at 12:22 pm to
quote:

Nasdaq down 14%; S&P down 9%; DOW down 7%. Ouch!!!


Markets go up, and markets go down. This is known. Jesus dude, relax.
Posted by Origins of Asymmetry
Member since Feb 2022
724 posts
Posted on 2/18/22 at 12:43 pm to
That's a pretty abrupt downturn in an inflationary environment though

That being said the Russia/Ukraine situation seems to have the markets spooked right now
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25900 posts
Posted on 2/18/22 at 12:53 pm to
Joe Biden' did that
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 2/18/22 at 1:21 pm to
Just keep buying bro
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 2/18/22 at 1:22 pm to
One arbitrary date to another arbitrary date doesn’t really mean anything.

Thanks for the update but we all have access to google finance. No need to tell us what happens every time you check.
This post was edited on 2/18/22 at 1:26 pm
Posted by skewbs
Member since Apr 2008
1998 posts
Posted on 2/18/22 at 1:53 pm to
quote:

One arbitrary date to another arbitrary date doesn’t really mean anything


Some people just don't understand this. If they would zoom out for just one minute maybe they could gain some perspective.

The market can’t set all time highs every month in to perpetuity
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
26918 posts
Posted on 2/18/22 at 1:53 pm to
I’m curious where that guy on here ended up parking his house down payment
Posted by Niner
Member since Apr 2019
2026 posts
Posted on 2/18/22 at 3:21 pm to
This is why you invest in global markets.

MSCI EAFE -3.4%
MSCI Emerging Markets +0.9%
Bloomberg Commodity Index +11.7%
Posted by Bigdavewave
Member since Jul 2017
404 posts
Posted on 2/18/22 at 3:56 pm to
Yes they do, never said they did. Smart-arse.
Posted by Bigdavewave
Member since Jul 2017
404 posts
Posted on 2/18/22 at 3:57 pm to
Hopefully not in the stock market.
Posted by Bigdavewave
Member since Jul 2017
404 posts
Posted on 2/18/22 at 3:57 pm to
Google finance??? That's your source of information. Lol!!
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