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Message
Dow Falls to New Low for 2022; Recession Looming
Posted on 9/23/22 at 12:18 pm
Posted on 9/23/22 at 12:18 pm
quote:
Stocks suffered, with all three U.S. indexes in the red, poised for steep weekly losses. The Dow set new lows for the year, potentially on track to finish Friday in a bear market.
Elsewhere, energy stocks were taking it particularly hard. Goldman cut its 2022 forecast for the S&P 500. (In Asia, some observers were hoping looser quarantines in Hong Kong might boost shares.)
WSJ
46
Posted on 9/23/22 at 12:19 pm to dewster
impossible. the economy is the healthiest it’s ever been.
Posted on 9/23/22 at 12:19 pm to dewster
Headed to the Great Democrat Depression.
Posted on 9/23/22 at 12:19 pm to dewster
How can this be? The Inflation Reduction Act that spent nearly 1 trillion was supposed to prevent this? Lol
Posted on 9/23/22 at 12:20 pm to dewster
quote:
Dow Falls to New Low for 2022; New Definition of Recession Looming
FIFY
Posted on 9/23/22 at 12:20 pm to dewster
Great
Posted on 9/23/22 at 12:20 pm to dewster
Everyone is scared as shite to spend money right now on non-essentials.
Posted on 9/23/22 at 12:20 pm to dewster
What do you mean new 2022 low? It's now lower than any point in 2021 too.
Posted on 9/23/22 at 12:22 pm to dewster
False
NBC news told me things are headed in the right direction
NBC news told me things are headed in the right direction
Posted on 9/23/22 at 12:23 pm to dewster
quote:
bear market
They're going to have to redefine bear market now too.
Posted on 9/23/22 at 12:23 pm to dewster
Elections have consequences
Posted on 9/23/22 at 12:23 pm to dewster
The shite hasn’t even hit the fan yet. Wait till after November.
Posted on 9/23/22 at 12:24 pm to cajuntiger1010
quote:
The Inflation Reduction Act that spent nearly 1 trillion was supposed to prevent this?
Duuuh, just think how BAD IT COULD HAVE BEEN if it wasn’t passed, LOL!
C’mon, man! #FJB
Posted on 9/23/22 at 12:24 pm to dewster
Yeah but the good news is inflation is only going up by an inch now.
Posted on 9/23/22 at 12:25 pm to dewster
Can’t wait to see how Biden spins this one
Posted on 9/23/22 at 12:27 pm to dewster
Uncle Joe assured us on 60 Minutes last week that there are absolutely no economic problems right now and TigerDoc, BamaAtl, dawgfan, mmmbeeeer, and Tboy have assured me that he's correct.
Posted on 9/23/22 at 12:28 pm to SPEEDY
quote:
Can’t wait to see how Biden spins this one
Two words:
Posted on 9/23/22 at 12:30 pm to SPEEDY
White House propaganda arm right now
Posted on 9/23/22 at 12:30 pm to Cosmo
quote:
NBC news told me things are headed in the right direction
"Why losing 30% of your 401k is actually good for the economy."
-CNN
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