Rally? The market is up only 1,000 pts from Jan 2021!
I’m talking about Biden’s first year in office, when the S&P 500 index rallied from around 3300 in election week 2020 all the way up to 4800 at the end of last year. We’re way down from that all-time high now, because of war in the Ukraine, a surge in inflation, and the Fed raising interest rates.
And the marked dropped over a 1000 points TODAY!
And inflation is over 8.5% now.
The .01 is deceptive.
Just like Biden saying inflation was 0 last month.
Actually what happened was it did not increase, zero increase.
It was actually 8% or so.