Dow enters bear market as stocks fall

Global markets are in a tizzy Monday after

while ramping up borrowing. Investors panicked, worrying the unorthodox approach could feed inflation — and the British pound plunged to a new record low against the US dollar., the Bank of England released a statement Monday assuring it is “monitoring developments in financial markets very closely” — and that it will examine the effect Truss' plans would have on inflation at its next meeting in November, saying it would “not hesitate to change interest rates as necessary.

The UK Treasury also joined the"keep calm and carry on" effort, releasing its own statement saying finance minister Kwasi Kwarteng will detail the government's plans to ensure the sustainability of the UK debt over the medium term on November 23. You can't blame them for trying. But there's a lot for investors to be nervous about right now, and the dramatic market reaction only underscores just how tense things are.

“The initial reaction in the markets, with the pound falling again after it regained some ground, suggests that the issue may not be put to bed yet," Paul Dales, chief UK economist at Capital Economics, told Julia.

Build back poorer. Thanks Biden administration from tanking my retirement.. worst president in my lifetime.

Vote conservatives

You were calling yourselves as intelligent community and a super power too. Where are your intelligence and superpower now? You intelligence and power are easily controlled and are collapsing for they are born and based on market beds.Let your intelligence take u out of your mess

C'mon man! This ain't a bear market. It's just a kitten market, experts say this will bounce right back up like a kitten, the thing about kittens is they're soft, you know like a child's head. Soft, very soft *sniff*

Only down 300 points is a relatively GREAT day!!! It’ll only get worse. Dow 10,000 in play in the next 12 months for sure. It’s only money…. 60% of which Americans are invested in.

Fabricated by companies refusal to increase production because they can just increase pricing on products instead and still make an increase in profits.

🚶🏾🚶🏾😹😹😹

Good, I hope those greedy aholes lose their effing shirts for what they've done to us with their gambling habits.

Biden sucks

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