New York The old joke goes like this: Two friends are at a resort and one says,"The food here is really terrible." The other replies,"And the portions are so small!" Today, it's investors who dislike the taste of the Federal Reserve's interest rate hikes — but seemingly want more anyway.
Markets have plummeted over the past month as the Federal Reserve telegraphed that it would regularly hike interest rates by half a percentage point for the foreseeable future to combat persistent inflation. On Wednesday, the Dow shed more than 1164 points, or 3.6%, its biggest loss since 2020. The broader market lost 4%, putting the S&P 500 on the precipice of bear market territory. The Nasdaq Composite lost 4.73%. Now, investors are asking for more.
Thanks Brandon!
As a distant observer, I’m curious why US taxpayers tolerate such absurd behavior. Let me get this straight. Putin creates a war, and US taxpayers pay, and 1000’s of war immigrants are invited in? At over $21 trillion, the US is broke, eh? Stop the insanity!
Dems failing across the board on economy, society, healthcare, crime, inflation, gas prices, food shortages, supply chain, southern border, national debit, defunding police & more. Let’s not forget gender confusion, CRT, murdering babies, cancel culture, & whining snowflakes.
As President Donald trump warned and predicted.
US citizens are becoming desperate. Many are hording food and other vital supplies in their basement as the country goes into an economic spiral downwards.
Thanks Brandon!!!!
Let it crash. This country needs a full blown depression. The gravy train to the Capitalist Republicans and Greedy CEOs needs to be slammed down. If average people suffer, so be it. We need a good cleansing, just like after 1929.
Y'all still think Dems are the good guys?
Anyone missing Republican leadership yet?
Americans spending double for energy as they did last year. Even though Putin is selling 50% more energy since the invasion. Dems still continue to stop new domestic energy production. Why?
Only one person to blame for his economic disaster plan in full effect , hope others have positioned themselves for a recession !
Who is 'sanctioning' the Yankees? 😅
Obama tried putting people in Wall Street to have oversight of peoples 401ks and investors now those thieves are going to rob working Americans blind
Keep sending money to Ukraine...that'll fix everything!🙄
No more federal welfare for the stock market. Watch them keep free falling.
It'll bounce back.
Keep sending billions to GodsChosenLunatics 🇮🇱 5,999,999
Whats important is that we increase taxes on corporations that basically provide all the goods to us. That'll fix inflation right Joe?!
Biden should get credit for this 👏👏😂
'We already got him right where we want him we're federal indyting him, so we can kill him in prison' says the same furbys
This is government and greedy men doing this
Don’t worry. As soon as it officially enters bear territory and all the automated selling occurs it will suddenly bump right out of it like magic. Program trading wars
'Inflation fears' are absolutely not the same as the moneyed class realizing they've been duped into overspending on essentially worthless stocks for years....
Great job democrats. Y’all are really great at running the country, into the ground.
Let's go Brandon!
Inflation is at 40-year peak, gas prices nr record highs. 140m people in or near poverty 54% of adults can’t read to 6th grade level. 64% living from paycheck to paycheck Americans should budget an extra $5,200 this year to cover rising prices (Bloomberg). $100B to Ukrainians tho
We can thank joe biden again
DowIsBullshit DOW needs work lots of work it’s a clunker! Let’s see where these rates go! Have your account setup and cleared for “Options Trading”. If I remember correctly I bought FB for around 20 bucks per share! And now my friend owns it all good. Seriously, WEAR A MASK Jh
Stock market sounds like she’s been a dirty girl
Pansies. All of you. Probably scared of Covid too. It’s not coming, Inflation is here. The best businesses will make it through. I’m buying all the way down.
Biden is still hibernating with the bear market. Maybe he'll be back when the situation is even more unbearable.
The dollar is done....
Let's go Brandon
This is the Joe Biden Problem
🔥
Way To Go Joe!
If the corporate profit taking disguised as inflation wasn't hurting average people then I would be celebrating the greed impacting the Oligarchs' portfolios.
Horrifying Administration and Dem Lib Leadership. Great Job.
You can thank Biden and the rest of the Democrats for this!!! FACT!
Keep sending money to Ukraine...that'll fix everything!🙄
Y’all need to settle down with your headlines. Whoever wrote this sounds like they popped a few buttons on their fly over the stock market.
Why are y’all ripping off Woody Allen in your lede and acting like it’s some saying that exists outside the world of Woody Allen movies?
It’s like we’re on a 4 year road trip and the last 1.5 years there’s no one behind the wheel
Dow today be like
ترس بازار طبیعی است اما با کاهش کسری بودجه دولت، تورم در آمریکا مهار میشود و این بودجه پرزیدنت بایدن است.
Lol the only thing making it tumble is articles like these. How bout you stop
Whoever wrote that headline needs to be bonked
Weird, because companies are making record profits.
In other news, Democrats are frantically searching for a way to blame the tanking stock market on white supremacists.
Even the markets are saying LetsGoBrandon
Kinky
🐻 marxculture
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