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Here Comes The Night! US Inflation Rate Rising, Expected Growth Declining (10Y Treasury Yield Down, US Equities Down >-1%)
Confounded Interest ^ | 05/20/2022 | Anthony B. Sanders

Posted on 05/20/2022 9:34:52 AM PDT by Browns Ultra Fan

Here comes the night!

The US economy us approaching recession as inflation soars and expected growth declines.

Food and energy prices are soaring, hitting middle class and low-wage households like a hammer. While the headline inflation rate is 8.3% YoY, food is up 63% under Biden and gasoline is up 92%.

The 10-year Treasury note yield is down today, which bodes well for 30-year mortgage rates.

The Dow, S&P 500 and NASDAQ are all down over -1% today.

Baby please don’t go! Down the economic drain.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: anwr; biden; bidenflation; blogpimp; keystonexl; opec
Biden is helping send us down the economic drain.
1 posted on 05/20/2022 9:34:52 AM PDT by Browns Ultra Fan
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To: Browns Ultra Fan

30,844.12
▼ 409.01 (1.31%)
09:38 PDT


2 posted on 05/20/2022 9:38:47 AM PDT by Signalman
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To: Browns Ultra Fan

This is what happens when you declare war on fossil fuels. Energy of all sorts become scarce and expensive. Economic activity and productivity decline rapidly. The Biden cabal is causing real suffering and hunger.


3 posted on 05/20/2022 9:43:27 AM PDT by allendale
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To: Browns Ultra Fan

In terms of getting what he wants Biden has been no fool. He’s been remarkably “successful” at taking a wrecking ball to the country. We see him as bumbling and demented but he has purposely and relentlessly advanced his destructive agenda.

It seems that every week brings this country down another notch. Make no mistake, in his mind he’s winning.


4 posted on 05/20/2022 9:44:50 AM PDT by Starboard
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To: Browns Ultra Fan

Sadly, American voters are not the brightest bulb in the drawer. Democrat, Joe Biden and his entire family is, day by day, destroying the American Nation Republic. At the end of the day, as my British friends like to say, the USA Republic will not go down.....but...The current Democrat Party and Criminal Joe Biden and his entire Criminal family in total will go down in history as the worst POTUS the USA Nation Republic. Fact is, America, once the greatest nation in God’s world is dying at the hands of Biden & company!!! And to boot we are now the 100% laughing stock in the entire world!!! I hate to say I told you folks so....but...I was right on the money!!! I am glad....I am 82 years old...plus!!!


5 posted on 05/20/2022 9:47:20 AM PDT by JLAGRAYFOX (Defeat both the Republican (e) & Democrat (e) political parties....Forever!!!)
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To: Browns Ultra Fan

Yep, and where is Dumb Ass today? Making a fool of himself in Korea. Market is tanking. White House says they aren’t watching. NO ONE in in charge. In other words Fluster Cuck !!


6 posted on 05/20/2022 10:05:00 AM PDT by OHPatriot (Si vis pacem, para bellum)
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To: OHPatriot
Yep, and where is Dumb Ass today? Making a fool of himself in Korea. Market is tanking. White House says they aren’t watching. NO ONE in in charge. In other words Fluster Cuck !!

Brandon should stay home and fix his mess an stop these worthless excursions.

7 posted on 05/20/2022 10:07:09 AM PDT by 1Old Pro
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To: 1Old Pro

SERIOUSLY? Get him the Hell outa here!! At least while on excursion, the damage he is intentionally causing may by chance be reduced just a tiny bit.


8 posted on 05/20/2022 10:12:25 AM PDT by OHPatriot (Si vis pacem, para bellum)
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To: OHPatriot
At least while on excursion, the damage he is intentionally causing may by chance be reduced just a tiny bit.

His handlers are still in the WH.

9 posted on 05/20/2022 10:13:20 AM PDT by 1Old Pro
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To: Browns Ultra Fan

National Average Gasoline price increased 2.2%, THIS WEEK!

Up 10 cents, to $4.58

Record high, every day this week, in fact rising every single day for 11 straight days.

What do these moron Marxists think is going to happen? People simply cannot afford this.

Let’s Go Brandon!


10 posted on 05/20/2022 10:28:23 AM PDT by FlyingEagle
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