Dow down more than 450 points on recession fears

The Hill ^ | 09/29/2022 | ZACH SCHONFELD

[ChicagoConservative27]

Stocks dropped steeply on Thursday as investors showed fears of a potential recession and currency volatility, erasing gains made during Wednesday’s rally.

The Dow Jones Industrial Average dropped by more than 450 points, or 1.5 percent, to 29,227, while the Nasdaq fell by 2.8 percent and the New York Stock Exchange sunk by 1.6 percent when markets closed Thursday.

[ChicagoConservative27]

Dems will print more money. Don't worry. Or climate change or something. (S)

[rktman]

HUH? Pretty sure branDUHn said the economy is doing great! Donna brazile even seconded that claim. 🤔😵😎✌

[NWFree]

President Retard did that

[bray]

So changing the definition of Recession didn’t work?

[HighSierra5]

No way! You’re Joshin me.

[NWFree]

Nasdaq was nearly twice as bad and contains many more companies

[Scott from the Left Coast]

Recession fears?

Dude, it’s already here.

[packagingguy]

We are now in what about 3 quarters of negative growth?

[HighSierra5]

We need to print more money. That’ll work.

[DoughtyOne]

I know it sounds crazy, but I don’t see anything stopping the
DJIA from slipping into the teens.

Obama/Biden are flailing. They haven’t got a clue, and that’s
so true, that they are actually doing things to drive the
market lower, by “helping”.

This build back better has been flawlessly executed, tearing
down years of Trump’s efforts without much help from anyone.

[PGR88]

I have never seen our state-directed corporate media more in full-protection-and-deflection mode for an idiot politician and disastrous policies

Its getting worse, too.

[ConservativeInPA]

Recession fears? Is that like being afraid there WILL be a recession, or people waking up and realizing we are IN a recession? A few of us have depression fears.

[RayChuang88]

Get ready for DJIA at 16,000.00 before the end of 2022. Essentially, Biden’s policies just wiped out all the gains since November 2016.

[ConservativeInPA]

Teens? I was thinking 25k.

[fwdude]

Dems will just skip through the endless money orchard on rainbow gumdrop paths, picking billions from the low hanging branches.

[353FMG]

Expect a depression but hope it is a recession. Thanks Joe.

[353FMG]

Printer down because of blackout.

[fwdude]

Almost every major news/economic reporting agency I’ve read fears we may “enter into a recession in 2023,” as if we aren’t already there. They carry water like nobody’s business.

[skimbell]

Naa!
They'll just keep changing the component companies until they get the average where they want it.
Been like that for years already.

[Openurmind]

The smart ones will invest in commodities. Coffee, Tea, Salt, Sugar, Cocoa powder, Spices, Tobacco, Booze...

Physically, fill a warehouse with them.