Posted on 10/13/2022 6:45:33 AM PDT by Tell It Right
The Dow Jones Industrial Average fell 500 points, or 1.73%. The S&P 500 slipped 2.10% and the Nasdaq Composite slumped 2.80%. The yield on the 10-year U.S. Treasury spiked above 4% as bonds sold off - yields are inverse to price.
Thursday morning photo of traders consoling each other as they look up at the boards:
(Excerpt) Read more at cnbc.com ...
Uh...those are annualized inflation rates you’re using as monthlies.
Mogger:
You have managed to characterize annual inflation rates as monthly inflation. New math? You should work for the IRS. They need some aggressive money crunchers.
It could be worse, you could already be retired.
It could be much worse, you could not have an option to work.
Sorry.
The Dow is now up $778.
yep
I don’t understand all the complaining,you know Joe got 81 million votes! Where the hell are all these people that voted for the senile traitor?
They should all be all over media defending old Joe,tell us how this is transitory,
No problem
916 and skyrocketing..
I imagine some will be calling this a reversal day, but what happens tommorrow?
I’m kicking myself. I was looking to go in on MRO (Marathon Oil) at 22 in late September. It is now $28+. Nothing ventured, nothing gained.
I know, my Mom died in July and left me some stock. I haven’t seen any of it yet, but I know she had Apple, AT&T, and Costco.
I wanted to say something to her two years ago, when Biden came in, but it wasn’t my place. She was 93 then and still very sharp, was in it for the long haul. My brothers are saying it’ll comeback.
A few more months like that and we might start heading into a recession.
Intra-day swing over a thousand points.
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