Stock Market News Today: Dow Loses Over 600 Points On Inflation, Retail Data

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The Dow dropped more than 600 points as new data raised concerns about economic growth. Treasury yields fell sharply.

Source: News Formal (newsformal.com)

 

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2024 is election year. FED has a short window to get results. Has to hit hard now to ease in 2024. Rates alone not enough. M2, Fed Assets & Record Unemployment have to give. Painful but necessary. Recession2023 is better than Recession 2024.

dow jones is over inflated balloon

Democrats destroying our economy 😢

I thought too much growth was the problem last year 🤔

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